How do you work that out? Are you saying our rent will double because a tenant moved out?

HCC are fed up to the teeth of the Mental Egyptian and his threats, they're hardly likely to upset the only tenant left at their stadium. With any luck, if the fruitcake walks away, we can have concerts at the stadium instead of poxy squash and polo.

Really ? Wow

The FA wont allow the name change, if they do others will follow.
Can you imagine it Everton Toffees, Chelsea Russians etc.

Manchester United Nillz

Bit more in the Guardian article...

If they are that fed up of him why do they persist in allowing him to run the stadium?
On concerts are they the type that nearly bankrupt AP?

I personally can't wait to see the back of him as he has caused nothing but disruption since he came on the scene. He has done absolutely nothing for the city of Hull. A city he claims to love. I wish HCAFC well without him. If that means that they drop out of the PL or even the championship I am sure it will be for the good of the club and allow some stability.
All he has done is saddle the club with debt as opposed to being the Knight in Shinning armour that he claims he is. He will get his fortune back with interest and leave City in the mire again, unless there is someone willing to throw good money at it without any hope of a return.

Its not sad its embarrassing and people like you are the problem. You have a local football team, if your interested in football then you support them. There's no reason to be a Liverpool fan if your from Hull other than glory hunting, you might as well ditch FC and support the Rhinos instead.

The last few concerts made a loss, that's why there hasn't been any more.

Why wouldn't it? Two companies pay rent for use of the stadium. One ceases to exist in your scenario. You really think the council and whoever is in charge of the SMC would allow us to keep paying the same rent? The stadium would end up looking like Boothferry Park did.

I can't really see that happening - Allam would have tried it already if our tenancy agreement wasn't rock solid.

Down to appalling marketing. The best time for outdoor arena concerts is right in the middle of the RL season. So they would have to be timed just before a pitch refurb.. Not to mention a decent line-up,well hyped and publicised.

Tbf, I would assume your tenancy agreement is watertight. It might be a bit politically awkward if the council couldn't find somebody to take on stadium management, if the losses the Allams report are a fair reflection of the situation. End of the day, your agreement will be underwritten by the council, I imagine.
If the Allams do sell City, it'll be interesting to see if the new owners want the SMC too.
If one tenant was lost (unlikely, of course) then SMC costs would fall significantly too - there'd be less events to steward and what have you.

Steady on!
As an aside I started following F.C. for the glory.

I wish people like Simon Clark would stop calling him Dr Allam.I hope any features about Johnny Whiteley on Look North in the future will address him as Dr Whiteley in the interests of fairness

What we need to worry more about is the fact he may sell the football club, but keep the SMC to try and get one over the new owners, ourselves and the Council.

It seems Mr Allam is unhappy because the FA had the audacity to speak to others groups opposed to the idea...


Very OT...

He can't. The agreement with the council provides that whoever owns Hull City also owns the SMC.

I've not heard that one before - strange if true.

As regards to the SMC, didnt Adam Pearson say that it never made a loss when he was in charge of it.

Allam wants it to make a loss, he uses it to avoid paying tax on his other businesses plus he scores cheap political points - a win-win for him.

Good to see Peter Levy and all the other speakers on Look North tonight referring to "Mr" Allam, with one sad exception - that pathetic brown-noser Simon Clark still using "Dr".

Just hope Clark remembers that Johnny Whiteley is as much as a Dr as allam is for future reference

thats true it made a profit every year under Pearson's stewardship. In Allam's defence (rare for me to stick up for him) a lot of the SMC's revenue used to be from corporate events and trade fairs etc which has really dropped off during the recession. But the other poster is most likely right when he suggests its a tax scam.

The tax implications of Allam's ownership of the SMC and City have been covered in Private Eye - there has been no hint of any retraction or apology to the great philanthropist in subsequent editions.

will mr allam recoup his £75 million, after all there is no stadium with the team and even selling all the players would probably only fetch £30 million.
or was he serious when he said the £40 million was a gift to the people of hull

Who the hell would buy them if he put them on the market anyway? He's in it up to his eyeballs with little chance of getting his cash back