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| Quote Goochie="Goochie"It's all very pathetic this whole situation, as I've said on the City board.
Who'd have thought when the council built us both a stadium that we'd have to rent space for a photo on the bloody wall!
Also, who is on the board of the SMC, does anyone know? I've had a quick look but can't find much at all.'"
Assem Allam
Ehab Allam
McGuire (City's former CEO) resigned when he left City. Perhaps John North will be appointed for independence. What with him, I think, being company secretary of Hull KR who owe £1m to, er, the Allams.
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| Quote Mrs Barista="Mrs Barista"Assem Allam
Ehab Allam
McGuire (City's former CEO) resigned when he left City. Perhaps John North will be appointed for independence. What with him, I think, being company secretary of Hull KR who owe £1m to, er, the Allams.'"
I thought you'd know! And I thought that would be who was involved.
The SMC should have been either a joint effort from Hull City, Hull FC and the council, or should have been independent in the first place, then arguments like this at least would have some balance to them.
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Quote ccs="ccs"I came across this "quote" yesterday. I've no idea who said it or if it's valid, but......
'"
"The council is bound by the terms of the 50-year lease, which was found to be legally watertight when it looked at the possibility of extricating itself two years ago."
A quote from this article (Published on Friday 27 July 2012)
www.yorkshirepost.co.uk/news/at- ... -1-4778376
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Quote ccs="ccs"I came across this "quote" yesterday. I've no idea who said it or if it's valid, but......
'"
"The council is bound by the terms of the 50-year lease, which was found to be legally watertight when it looked at the possibility of extricating itself two years ago."
A quote from this article (Published on Friday 27 July 2012)
www.yorkshirepost.co.uk/news/at- ... -1-4778376
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International Star | 5318 | No Team Selected |
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| [url=https://www.duedil.com/company/04179402/superstadium-management-company-limitedHere's[/url a link giving lot's of details about the SMC, including [url=https://www.duedil.com/company/04179402/superstadium-management-company-limited/peopledirectors[/url, [url=https://www.duedil.com/company/04179402/superstadium-management-company-limited/financialsturnover[/url etc.
Also, the issue of [url=http://static.hullcc.gov.uk/hullinprint/archive/december2002/contents.phpHull in Print[/url at the time the stadium was about to be opened. It includes...
Quote The council will get a share in the stadium's profits which can be used to improve public services.
And as owner/landlord, it will continue to ensure that the stadium fulfils its responsibilities to the local community. '"
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| Anyone who is a Hull resident needs to continually harrang their local councillor until they get sick of it and bring some pressure to bear in some way, shape or form
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| CCS's earlier post refers to the Community Stadium fulfilling it's responsibilities to the community, does this mean that there is some sort of service level agreement or even list of these responsibilities?
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| I've always felt that rugby is treat as the second class citizen in all of this. The Allams need to start seeing the stadium as what it is "a community stadium" to be enjoyed by all of whatever persuasion be it black, amber, black and white or even red and white !! ... As for removing memorabilia of Johnny Whiteley they obviously don't realise what offence this causes to people ... or maybe they do ??
On a lighter note take a look at this ... some smashing t shirts ... the wife just got me one for my holiday ... come on you hullaah
[urlhttp://print-um.com/product-category/rugby/[/url

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International Star | 5318 | No Team Selected |
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| Quote ccs="ccs"[url=https://www.duedil.com/company/04179402/superstadium-management-company-limitedHere's[/url a link giving lot's of details about the SMC, including [url=https://www.duedil.com/company/04179402/superstadium-management-company-limited/peopledirectors[/url, [url=https://www.duedil.com/company/04179402/superstadium-management-company-limited/financialsturnover[/url etc.'" Has anyone dowloaded any files available on this site?
It would cost just £10 to get hold of the last tens years SMC annual accounts up to 2012.
Allamhouse Limited might be interesting as well.
I really would like to understand what this statement means....
Quote ccsThe overall contribution received from Hull FC in the 2011-2012 financial year towards rugby related costs resulted in a net loss of £280,000 to SMC.'"
I'm more than willing to get copies of the accounts, but they would be more useful to someone who actually understands them.
Quote ccs="Part of thr HDM story today"In a lengthy statement released to the Mail, the SMC accused the council of failing to provide copies of warranties covering terms of the original lease agreement after the Allam family acquired the company in late 2010 as part of their takeover of Hull City.'"
As AP was working for Hull City before and after the Allam's took over City+SMC, surely he (Allam) would have seen all the relevant "warranties"??
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| Quote cod'ead="cod'ead"As Mrs B pointed out on the "petty" thread:
The fact is the SMC managed to tick along quite nicely for ten years. returning a modest, cumulative profit of £42k. Not a fortune but the right side of the balance sheet and enough to give the council a small return on their investment.
Now compare that with losses of £326k and £409k ineach of the last two years. That should be sufficient to trigger a forensic audit of the SMC's books, especially given that one of Allam's arguments for being gifted the KC was that the SMC was making losses. The SMC only started posting substantial losses once it was under Allam's control. Losses of that magnitude are hardly going to be mitigated by charging Hull FC £20k per year for picture space.
The SMC is an asset that is owned by the council tax payers of Hull, the City Council are custodians of that asset and as such, I believe they have a legal duty to ensure that the KC is being properly managed. If losses continue at the rate of the last two years, then there must be serious doubts over the ability of the SMC to adequately maintain the KC stadium.'"
Isn't the SMC statement basically implying that the previous owners of the SMC did nothing regarding the upkeep of the stadium and because of this 500k has had to be spent on the stadium to keep it's safety certificate?
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| Quote World of Redboy="World of Redboy"Isn't the SMC statement basically implying that the previous owners of the SMC did nothing regarding the upkeep of the stadium and because of this 500k has had to be spent on the stadium to keep it's safety certificate?'"
That does appear to be the implication and is, to my mind, further evidence of the need for a forensic audit
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| Agree with you Coddy .
when saying made 42,00 well thats only the 5% of total £840,000 and at that means made a profit the last 2 years to get this up to 1.2 million .
Or is that just me been gullible?
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