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| Quote ="Hutchie"Whereas they have had tons of experience in football'"
They could get Peter Smurthwaite to run the rugby side of things.
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| I'd be very wary of a new owner with no previous interest in the club never mind the sport. Not that I expect it happen.
The only thing the current board can be accused of is the unambitious coaching setup and who's to say the Allams would change that anyway.
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| Quote ="Hutchie"They are ostrisising the non facebookers though
'"
No need for that type of language on here - Strange choice of replacement words for the swearfilter to use.
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| Quote ="jimmyfivebellies"kath once claimed they didnt!!!'" In terms of a salary, I don't think she does.
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| I like the way the club is being run right now and whilst the idea of a rich owner is nice I am always weary of things going wrong.
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| Quote ="PAUL M"I like the way the club is being run right now and whilst the idea of a rich owner is nice I am always weary of things going wrong.'"
Maybe the Glaziers may have an interest
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| Quote ="Locko's Luck"They're planning on player 'stop-overs' on a weekend, any choices Mrs B?
Imo the club is closer to the fans than it ever has been: Open days, BBQ's, meet a player, fans forums,ring a director and JR's radio programme,
coupled with the all round approachability of individuals at the club. What more could any rational fan ask for from the club in regards of being "closer to the fans?"'"
Spin.
Who needs all that crap.
We just need a successful team that plays entertaining rugby.
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| Quote ="Mrs Barista"What does that mean, in practical terms?'"
As much as we all hate them, ask Hull KR. They seem to manage it.
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| Quote ="east hull FC fan"In terms of a salary, I don't think she does.'"
If the profits reported in recent years are the only financial return on the investment then I'd be surprised at them turning down £3m, as has been rumoured.
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| Quote ="Darrell"Spin.
Who needs all that crap.
We just need a successful team that plays entertaining rugby.'"
Exactly.
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| Quote ="Sebasteeno"Exactly.
'"
But you just said the club needs to get closer to its fans. In the face of evidence that this is something the club actually does reasonably well in the context of SL, you're now saying it doesn't matter. Which is it?
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| Quote ="Mrs Barista"But you just said the club needs to get closer to its fans. In the face of evidence that this is something the club actually does reasonably well in the context of SL, you're now saying it doesn't matter. Which is it?'"
To be honest, he meets himself coming back half the time.
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| Quote ="Darrell"Spin.
Who needs all that crap.
We just need a successful team that plays entertaining rugby.'"
I will not disagree with anyone in regards of the latter statement; In fact, I pray for it every season.
My post was in reply to Sebasteenos' post claiming the club would be 'closer to the fans' by the Allams taking over.
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| Quote ="Mild Rover"If the profits reported in recent years are the only financial return on the investment then I'd be surprised at them turning down £3m, as has been rumoured.'"
Not really. They don't take any dividends, that much we know. Apparently their loans have been repaid, so they don't get any interest. The fact that FC make any profit at all, in the context of the other financial "performances" in SL, the fact we spend the cap, there or thereabouts, we pay transfer fees, run a reasonable sized academy and pay a commercial rent for a fancy stadium, would suggest the board don't dial in for a monthly FC conference call from their yachts in the Caribbean, all paid for by us. It's possible, but unlikely, IMO. The alternative scenario is that they actually enjoy being on the board of a SL club and have its best interests at heart, and their valuation takes that into account. Ridiculous I know, but it is a possibility.
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| I'd be for a change,
Looks like the Allams at some point will have a share issue at City to let fans own a share of the club...
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| Would not want this to happen, the board have turned the club around financially when a lot of other clubs are going to the wall. They are doing a good job all round apart from the playing side. Now if i had concrete proof the board were to blame for our onfield situation then i would have a different view.
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| Quote ="Sebasteeno"As much as we all hate them, ask Hull KR. They seem to manage it.'"
yes but with their debts how long do think they will manage it for?.
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| Quote ="Mrs Barista"Not really. They don't take any dividends, that much we know. Apparently their loans have been repaid, so they don't get any interest. The fact that FC make any profit at all, in the context of the other financial "performances" in SL, the fact we spend the cap, there or thereabouts, we pay transfer fees, run a reasonable sized academy and pay a commercial rent for a fancy stadium, would suggest the board don't dial in for a monthly FC conference call from their yachts in the Caribbean, all paid for by us. It's possible, but unlikely, IMO. The alternative scenario is that they actually enjoy being on the board of a SL club and have its best interests at heart, and their valuation takes that into account. Ridiculous I know, but it is a possibility.
'"
If they do it for the love of it then fair enough.
However, the title of this thread shows that whoever owns the club, the fans regard it as belonging to them. Reporting profits shows the board in a good (competent) light - reporting [ubig[/u profits might get a few backs up. I doubt they're getting rich necessarily, but if they're not taking wages, dividends or consultancy fees at all that would be a selflessness somewhat at odds with the public image.
Oh - [iequivalent[/i of a commercial rent.
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| Quote ="Mrs Barista"Not really. They don't take any dividends, that much we know. Apparently their loans have been repaid, so they don't get any interest. The fact that FC make any profit at all, in the context of the other financial "performances" in SL, the fact we spend the cap, there or thereabouts, we pay transfer fees, run a reasonable sized academy and pay a commercial rent for a fancy stadium, would suggest the board don't dial in for a monthly FC conference call from their yachts in the Caribbean, all paid for by us. It's possible, but unlikely, IMO. The alternative scenario is that they actually enjoy being on the board of a SL club and have its best interests at heart, and their valuation takes that into account. Ridiculous I know, but it is a possibility.
'"
Which contradicts most peoples views on our board. Kath especially.
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| Personally I am not for a change. Sometimes steady progress builds a long term sustainable position rather than the short term glory that throwing cash at it does. Repaying the directors loans will have given them a cash income over the past few years (and is more tax efficient than drawing a salary or dividend) and the capital value of their shares will have risen on the back of an improved net worth. Our investment in youth and quality british players is a more sustainable investment than short term imports.
Would ownership of the club allow the rugby lease to be varied to our detriment? If Allams owned both clubs and the ground then they would hold all the cards - would it be cheaper to buy the club and do this rather than try and buy out the lease?
If it aint broken, dont fix it - and for me it isnt broken (save for the odd cup or two!).
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| I have no issues with the board, and believe they have done a fantastic job turning our club around.
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| What the Allams have promised city is just what football needs, I'm not sure if it's just a pipedream though, I hate city but if the Allams are genuine they seem like the best kind of owners around at the moment, talk of 10 quid tickets, share issues, sustainability etc should be music to every football supporters ears, especially when you see scum like the Glazers in charge of Manchester United or the reckless spending of some of the clubs it's refreshing, I'm not sure if they are just naive though.
Rugby league and Hull FC especially are in less need of this, the game is closer to the fans as it is and we live by our own means, has people have said if it ain't broke don't fix it, but the Allams seem genuine enough up to now.
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| Stick with the board, at the moment off the field is great and they seem to be making strides to put things right on the field, preapared to invest in players for example.
Some won't agree but I feel that if we dont succed this year Agar will go and they will go for a top replacement.
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