New owner confirmed…

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

  1. Asterix

    Asterix Well-Known Member

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    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

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    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
    Urika Peece. likes this.
  3. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    I challenged his view.. So did Chazz.
     
    #25303
  4. originallambrettaman

    originallambrettaman Mod Moderator
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    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

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    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

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    That's a bit 'merciless' ming!!!
     
    #25306
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  7. rovertiger

    rovertiger Well-Known Member

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    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

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    Shock horror, staunch Allam apologist makes up numbers to try to justify his usual shyte .. who knew !
     
    #25308
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  9. tigerscanada

    tigerscanada Well-Known Member

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    please log in to view this image
    please log in to view this image
     
    #25309
  10. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    #25310

  11. DMD

    DMD Eh?
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    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
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  12. The Omega Man

    The Omega Man Well-Known Member

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    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

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    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

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    Jones was a great fella, Voase took it over when Alan passed away, ignorant obnoxious twat.
     
    #25314
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  15. The Omega Man

    The Omega Man Well-Known Member

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    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
    Urika Peece. likes this.
  16. Ron Burguvdy

    Ron Burguvdy Well-Known Member

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    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

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  18. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    upload_2021-11-24_12-26-14.jpeg
    snake n Pygmy
     
    #25318
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  19. MingofHarlem78

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    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
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    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
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