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Hull FC - blackandwhites.co.uk • New Stadium (maybe)

Chris71 wrote:

Exactly and this goes to show to even the most ardent of Allam supporters (if there's any left) just how vindictive and petty they really are since the Council stood up to them over the ownership of the KC and surrounding land which they thought was their right to have from the sale of Hull City. This all spawned the the dummy spitting from them stating they were (not might) building their own stadium at Melton. Not forgetting their ill advised attempts to railroad the FA and their own fans into a name change purely because of the word City and the council then knocking a them back on planning applications, since all that its been a long slide of negativity and pettiness on the Allams behalf. Thats without mentioning kicking out the community prjects and sporting clubs that were turfed out (pardon the pun).
The council are now faced with a real dilemma as due to the way the Allams have operated the SMC by running the stadium into so much debt its very difficult for them the council to tear up any agreement in terms of running the stdium without footing the bill left over.
The council made a fundamental error by not ensuring that the SMC was run by a totally separate entity to avoid this situation occuring and having strict performance targets in place to ensure the Stadium did not run up debt.

If anyone believes they are genuinely intent of selling Hull City and the SMC then they need their bumps feeling as I don't think they have ever had any intention of doing so until the gravy train has run completely dry.

Sad times and ones that should never have been allowed to happen after the Lloyd fiasco which was one of the main reasons for the KC so the council could ensure that there would be no repeat of either club being locked out of their grounds.


Good summary. Councils are good for lots of things but they don't think commercially or craftily like private sector companies do. The 'share the profit if you make one' idea for example sounded great on paper...but private sector companies will use any loophole in the book to avoid sharing anything, under Pearson and then Duffen the SMC was ran to just break even under the Allams its become a debt mountain.

Also the SMC being formed by someone with a vested interest in Hull City should never have been allowed (FC were offered a share but either couldn't afford it or didn't want to at the time) it should have been handed to a specialist sports management company like how the Bonus arena is managed by SMG who are vastly experienced in concerts and events.

Statistics: Posted by UllFC — Thu Apr 08, 2021 4:39 pm — Replies 85 — Views 7864


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