1. Log in now to remove adverts - no adverts at all to registered members!

New owner confirmed…

Discussion in 'Hull City' started by Hutch-tiger69, May 30, 2016.

  1. Asterix

    Asterix Well-Known Member

    Joined:
    Jan 30, 2014
    Messages:
    1,515
    Likes Received:
    1,210

    Nobody, myself included, has jumped down your throat. The question was where do you you get 200 million from?

    Oh, it was a wind up blah blah.

    Wind up? Tosh,ya got got caught out being silly.
     
    #25301
  2. The Omega Man

    The Omega Man Well-Known Member

    Joined:
    Feb 20, 2011
    Messages:
    8,278
    Likes Received:
    5,664
    The point is SW, that the accounts show the first debt owed to Allamhouse as £41m not £30m.
    Gone for a Walk was making a point that we will be worse off now than when the Allams stepped in.
    No one challenges that view or his figures.
    If the only debt left is the £30m that AI converts to a loan. We are still better off than when the Allams came in.
     
    #25302
    Tickton Tiger. likes this.
  3. SydneyTiger14

    SydneyTiger14 Well-Known Member

    Joined:
    Aug 29, 2013
    Messages:
    19,936
    Likes Received:
    9,487
    I challenged his view.. So did Chazz.
     
    #25303
  4. originallambrettaman

    originallambrettaman Mod Moderator
    Staff Member

    Joined:
    Jan 24, 2011
    Messages:
    107,527
    Likes Received:
    64,702
    The debt wasn't £40m when the Allams took over (only after they'd run it for a year), but it is over £40m now.
     
    #25304
    Gone For A Walk likes this.
  5. MingofHarlem78

    MingofHarlem78 Active Member

    Joined:
    Oct 27, 2021
    Messages:
    107
    Likes Received:
    143
    SydneyTiger14 In the interests of accuracy, if anything, it would be libellous as it was in a written permanent form.

    MoH
     
    #25305
    SydneyTiger14 likes this.
  6. Ric Glasgow

    Ric Glasgow Well-Known Member

    Joined:
    May 2, 2014
    Messages:
    7,125
    Likes Received:
    11,710

    That's a bit 'merciless' ming!!!
     
    #25306
    TwoWrights and tigerscanada like this.
  7. rovertiger

    rovertiger Well-Known Member

    Joined:
    Feb 4, 2011
    Messages:
    11,863
    Likes Received:
    12,647
    I am so glad you never put an e at the end of ming then. :emoticon-0145-shake:emoticon-0145-shake
     
    #25307
  8. Blaknamberblood

    Blaknamberblood Well-Known Member

    Joined:
    Jan 29, 2011
    Messages:
    9,779
    Likes Received:
    8,513
    Shock horror, staunch Allam apologist makes up numbers to try to justify his usual shyte .. who knew !
     
    #25308
    amberman8 and HU1 Tiger like this.
  9. tigerscanada

    tigerscanada Well-Known Member

    Joined:
    Sep 21, 2012
    Messages:
    24,194
    Likes Received:
    9,516
    please log in to view this image
    please log in to view this image
     
    #25309
  10. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    53,750
    Likes Received:
    43,952
     
    #25310

  11. DMD

    DMD Eh?
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    60,903
    Likes Received:
    50,499
    Pfft, I'm the only one that's been right from the get go. I said we'd never get new owners, and here we are, getting second hand ones.
     
    #25311
    amberman8 and Ron Burguvdy like this.
  12. The Omega Man

    The Omega Man Well-Known Member

    Joined:
    Feb 20, 2011
    Messages:
    8,278
    Likes Received:
    5,664
    So you believe that the club is no better off now than when the Allams took it over and the debt was £30m, because that is what the original post said.

    People post ****e but its ok, because it is about the Allams. Between the period 17 December 2010 to 31 July 2011 the Allams loaned the club £41m. That's in the first six months OLM


    Extracted from the company accounts 2010 to 2011 lodged in Companies House

    Directors

    The following persons served as directors during the year


    A Allam appointed 17 December 2010

    E Allam appointed 20 December 2010

    RD Bartlett resigned 17 December 2010

    JP Craddock resigned 12 November 2010


    Balance Sheet
    as at 31 July 2011


    Creditors falling due within one year

    (10,169,633)
    Allamhouse Limited (41,005,701)

    As at 31 July 2010

    (43,255,803)










     
    #25312
  13. SydneyTiger14

    SydneyTiger14 Well-Known Member

    Joined:
    Aug 29, 2013
    Messages:
    19,936
    Likes Received:
    9,487
    So doesn't that show the debt to the Allams was 40m, not that the club already owed 40m?
     
    #25313
  14. allowentry

    allowentry Well-Known Member

    Joined:
    Aug 18, 2012
    Messages:
    1,695
    Likes Received:
    1,095
    Jones was a great fella, Voase took it over when Alan passed away, ignorant obnoxious twat.
     
    #25314
    look_back_in_amber likes this.
  15. The Omega Man

    The Omega Man Well-Known Member

    Joined:
    Feb 20, 2011
    Messages:
    8,278
    Likes Received:
    5,664
    Shock horror, staunch Anti Allamist believes any old ****e.
    It shows that the club had debts of £43m in July 2010

    The club had loans with Barclays and Investec that the Allams settled as well as the £27m that OLM refers to which was to settle the Petition of HMRC.
     
    #25315
    Tickton Tiger. likes this.
  16. Ron Burguvdy

    Ron Burguvdy Well-Known Member

    Joined:
    Mar 9, 2011
    Messages:
    11,947
    Likes Received:
    13,844
    I'm sure the phrase now is 'pre-loved' ...

    Hang on, I'm sure there's a better phrase...

    New to you :)
     
    #25316
    DMD likes this.
  17. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    53,750
    Likes Received:
    43,952
  18. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    53,750
    Likes Received:
    43,952
    upload_2021-11-24_12-26-14.jpeg
    snake n Pygmy
     
    #25318
    rovertiger likes this.
  19. MingofHarlem78

    MingofHarlem78 Active Member

    Joined:
    Oct 27, 2021
    Messages:
    107
    Likes Received:
    143
    Ha ha! Name actually comes from this…

    upload_2021-11-24_12-31-32.jpeg

    Ming was a tiger that became notable when he was found living in an apartment in Harlem, New York City, United States, in October 2003. May he (Ming) rest in peace…

    MoH
     
    #25319
  20. originallambrettaman

    originallambrettaman Mod Moderator
    Staff Member

    Joined:
    Jan 24, 2011
    Messages:
    107,527
    Likes Received:
    64,702
    I'm aware of that, but that wasn't inherited debt, that was inherited debt + spending, which was £4m on fees alone (along with an increased wage bill) and doesn't change the fact that the debt then was the same as the debt now.
     
    #25320
    Gone For A Walk likes this.

Share This Page