Nobody in the Council could give assurances about buying any asset, be it the KC, a Museum, Gallery or major piece of art owned by HCC. The comittee stages involved in disposing of any asset (and especially a major one such as the KC) would be time consuming in the extreme, then people would have to be given a 28 day consultation period and be allowed to make representations to cabinet, it may even get "called in" by Whitehall as it is such a high profile issue (on a local level).

If it were THAT easy for Council's to dispose of assets then there would be authorities up and down the country disposing of all manner of assets in an attempt to plug the various funding gaps.

I don't think we should take "some bloke down my local" as a "reliable and knowledgeable source" (or whatever Eric referred to them as.

Anyone ever sold a house?, you know how long that takes, and there are no complex political or legal issues associated with it, selling an asset of the crown (which is, in effect, what the KC is) would be ten fold more complex (IMHO)

I'm not disputing any of the above and you certainly seem to know what you're talking about. However, time will tell and the stadium will be sold and developed, be it now, 2 or 5 years time.

Good job nobody's said that, then.

And I would have said that it's far more naive to believe scuttlebut from a 'reliable source' without actually checking whether the facts contradict that information. As Standee said, the Allams cannot possibly have been told that they can buy the stadium - at best they will have been told that it would not be rejected out of hand.

Is this based on your source again?

allam is worth approx £185 mill

He's into City for £30 mill

Would he really be ready to blow another £40mill on the KC buying and maybe even more expanding? Would he ever get that money back?

For it to be worth anyone while the football club should buy the ground, not the owner of the SMC and football club.

I have said many a time we should have done a uddersfield, where both clubs own a %age of the ground with the council the rest.

Any-thing could happen with that scummy Minns in charge...he is mad!

Besides the council are skint and have to raise the money to lend the dobbins some how

nah Willie is bringing a bag of cash with him, along with his builders tools

You keep living in your ideal little "Hull FC oriented world". There's no point in arguing, time will be the telling factor.

Will he have time? I thought he was going to save the world and all that

There are cut outs for that

I don't live in any kind of ideal world, and anything is possible given enough time. I do, however, appreciate that selling the KC would be a lot more difficult than you seem to think, and that the Allams are unlikely to have been told what you think they have.

Plus you'll forgive me if I'm slightly suspicious about the motives of a Rovers fan who spends more time on the FC board than any other.

Granted



I do however spend most of my time scanning the Rovers board, for information more than anything. I very rarely post on a topic unless I know something and I actually know a lot more people connected with Hull FC than I do Hull KR, hence the extra posts.

Not sure if it's been discussed but what is the likely hood of the Allams trying to buy FC? If they are looking to buy the KC then buying FC would seem the next logical step to tie up the loose ends.

He may have millions. I doubt he has even a million he can lay his hands on quickly. Would anyone with £180 million spend around half of it buying a football club and ground, plus he has promised millions or team strengthening.

While I don't doubt that FC and City have paid a lot of money into the stadiums coffers, the truth is the ratepayer of the city has not got anything like a decent return on the money, if the recent reports of only 47k for the whole of the time its been open is true, then it might make financial sense to sell it and get the investment back. The only way to keep it long term is to get some proper revenue from it, perhaps the council should employ a team direct to manage it and then the rent you pay, plus City and all the other income from concerts etc could be put back into the councils coffers.

If the 47k is a true return, its less than a 3 bedder on Kingswood would have brought in over the same period.

for me, the only reason allams want to buy the stadium is when they've had enough, it will put more value to hull city when selling them again, nobody buys a stadium just because they want too

You're bang on the money there. Most of these billionairre foreigners who are buying up all our football clubs are only generally interested in clubs that own their own stadium. Would make Hull City a much more attractive option to many parties. Don't worry though Hull fans, you could share Craven Park with us, it'll be like the San Siro with AC and Inter

Cleared the debts rumoured to be 21 million
Bought them for a rumoured 40 million
I sincerely doubt they would want to spend another 40-50 million on the stadium and then the money for the expansion they are rich but not that rich.
And as it has already been stated I'm fairly sure that there are covenants restricting the sale of the stadium.

I'd be happy to let the stadium be sold. The council could do with the cash to sort some of the problems out.

No, ta!!

If, and that'a a big IF, the KC stadium was to be sold to the private sector, then it should be to an individual or party impartial to both Hull City AFC and Hull FC.

However, this is Hull City Council we are talking about and they and a certain Adam Pearson did a good job stiching us up when forming the SMC, so anything is possible.

Wouldnt want this to happen atall, I think we would soon be stitched up.
I personally think city fans are deluded when it comes to the Allams, all this 'present to the city' stuff theyve fed through the media. The Allams are business people and I am certain they didnt get where they are from being the nice guys the HDM purveys them to be.
Football is a cut throat business, and it is well known there is no money in owning football clubs. So why have the Allams even bothered?

If only HCC were an extremely good authority.



I'm not concerned about a prospective sale for the reasons outlined by Standee earlier. I have however had a good laugh reading the comments on the Hull Daily Mail website.

Eh! I dont like or watch rugby or football but i'd like to buy the stadium. Come on they are paying £40 mill for the club so want the ground as well. even I would see that as a logical move.

No they didn't. We were offered a role in running the stadium and declined.