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WWW.RLFANS.COM • View topic - O/T Airco Arena
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Re: O/T Airco Arena : Sat Apr 18, 2015 9:35 am  
And a £50k / £60k job and they've used the "If you haven't heard from us within 2 weeks please assume you were unsuccessful" line.

They must be expecting a flood of applicants to not be able to afford a stamp for the "thanks but no thanks" letter.
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Re: O/T Airco Arena : Sat Apr 18, 2015 9:47 am  
Mrs Barista wrote:
What are the scenarios for action? Forcing the SMC to make good the Arena surface, revoke the City exclusivity and open the venue up again? Or further-reaching than that, to the extent of lease termination?


hopefully after the weekend I hope to be in a position to answer most of those questions.
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Re: O/T Airco Arena : Sat Apr 18, 2015 9:57 am  
UllFC wrote:
If only there was someone in Hull with a track record of managing the SMC to make a profit :wink: :lol: :lol:

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Re: O/T Airco Arena : Sat Apr 18, 2015 10:07 am  
That's John North job that is advertised and I see the facility Managers job (the next level down) is also being advertised as well. Knowing John North as I do from a past life I don't think he will have been pushed, he knows the job inside out, he built to blooming place, so one can only assume that these current post holders have had enough.

As for Webbo's input on here I think that whatever his sporting affiliations its good that a someone in such authority comes on here and tries to explain the situation even if he did get one fact woefully wrong, thanks for that and I'll look forward to those answers should they be forthcoming! (Come on you Bulls :lol: )
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Re: O/T Airco Arena : Sat Apr 18, 2015 10:33 am  
Diogenes wrote:
It doesn't matter how much the SMC owes Allam because he will never get it if the SMC has no assets; nobody else would be liable to pay it. In fact if it is loaded with debt nobody would buy it anyway. If the council terminates the head lease that would be the end of the SMC and its creditors including Allam would lose their money. That may include money paid to the SMC by City and FC for rent etc.

I've been pondering this scenario:

Allam wants to sell City. It's a difficult market and few are interested and the SMC is a further ball and chain which future buyers don't want. He can't spell City without the SMC as he would be left holding that putrid baby - the SMC is completely unattractive as a lone company.

He has to get rid of the SMC whilst retaining what he's owed from it (anything between £4-£6M if estimates are correct). He offers to sell it to the council for a pound. Refused.

So he creates a situation where the council are forced to intervene. I think he hoped the council would step in and take over the SMC debt and all. I don't think he's expecting they can terminate the lease - he seems from the letters we've seen to believe he has adhered to the terms and is legally compliant. We all know his pig-headedness and self belief even when confronted with all evidence to the contrary. He probable has top-class lawyers who he believes can make this stick.

It's up to the council to prove a breach. If he can get away with it the council cannot terminate the lease and cast him adrift owing himself money. But they would be pressured by the furore to seize ownership, thus undertaking the debt too. Allam is remains a massive creditor in this situation and it's a win-win for him.

It's a crazy bet, but is this the way he's thinking? Like Mrs B, I can't see what his strategy is in all this if not something along these lines.
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Re: O/T Airco Arena : Sat Apr 18, 2015 11:15 am  
WormInHand wrote:
I've been pondering this scenario:

Allam wants to sell City. It's a difficult market and few are interested and the SMC is a further ball and chain which future buyers don't want. He can't spell City without the SMC as he would be left holding that putrid baby - the SMC is completely unattractive as a lone company.

He has to get rid of the SMC whilst retaining what he's owed from it (anything between £4-£6M if estimates are correct). He offers to sell it to the council for a pound. Refused.

So he creates a situation where the council are forced to intervene. I think he hoped the council would step in and take over the SMC debt and all. I don't think he's expecting they can terminate the lease - he seems from the letters we've seen to believe he has adhered to the terms and is legally compliant. We all know his pig-headedness and self belief even when confronted with all evidence to the contrary. He probable has top-class lawyers who he believes can make this stick.

It's up to the council to prove a breach. If he can get away with it the council cannot terminate the lease and cast him adrift owing himself money. But they would be pressured by the furore to seize ownership, thus undertaking the debt too. Allam is remains a massive creditor in this situation and it's a win-win for him.

It's a crazy bet, but is this the way he's thinking? Like Mrs B, I can't see what his strategy is in all this if not something along these lines.


I personally am really beginning to wonder if he actually wants to sell City. A premiership football club is not an unattractive proposition. The billions of pounds sterling that are flooding into the game makes even a "modest" purchase of £60 - £70m recoup able. That pays off Allams loan to the club and he disappears. The SMC and a relatively small debt (in the circumstances of prem football income) could easily be added to the cost of buying City and a nominal fee of £1 buys the SMC by the council or even Adam. Hell I'd buy it for a quid debt free.
The mad doctor gets his cash, sails off down the Nile and we and all sports fans in the East Riding get on with enjoying our clubs on field activities.

I maybe looking at this in a very simplistic way, but I'd guess buyers are queuing up ordinarily to buy Premiership clubs. Even when they are relegated next month :PRAY: they will still be a very attractive proposition.
That's what makes me genuinely feel he has no real desire to flog city.
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Re: O/T Airco Arena : Sat Apr 18, 2015 11:52 am  
Wasn't it John north that was employed by the Council when the agreement with the SMC was drawn up, and then jumped across not long afterwards? :wink:
Last edited by Irregular Hoops on Sat Apr 18, 2015 12:00 pm, edited 2 times in total.
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Re: O/T Airco Arena : Sat Apr 18, 2015 11:54 am  
Irregular Hoops wrote:
Wasn't it John north that was employed by the Council when the agreement with the SMC was drawn up, and then jumped across not long afterwards?

He was in the paper this week bleating on about the floodlights.
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Re: O/T Airco Arena : Sat Apr 18, 2015 12:24 pm  
WormInHand wrote:
I've been pondering this scenario:

Allam wants to sell City. It's a difficult market and few are interested and the SMC is a further ball and chain which future buyers don't want. He can't spell City without the SMC as he would be left holding that putrid baby - the SMC is completely unattractive as a lone company.

He has to get rid of the SMC whilst retaining what he's owed from it (anything between £4-£6M if estimates are correct). He offers to sell it to the council for a pound. Refused.

So he creates a situation where the council are forced to intervene. I think he hoped the council would step in and take over the SMC debt and all. I don't think he's expecting they can terminate the lease - he seems from the letters we've seen to believe he has adhered to the terms and is legally compliant. We all know his pig-headedness and self belief even when confronted with all evidence to the contrary. He probable has top-class lawyers who he believes can make this stick.

It's up to the council to prove a breach. If he can get away with it the council cannot terminate the lease and cast him adrift owing himself money. But they would be pressured by the furore to seize ownership, thus undertaking the debt too. Allam is remains a massive creditor in this situation and it's a win-win for him.

It's a crazy bet, but is this the way he's thinking? Like Mrs B, I can't see what his strategy is in all this if not something along these lines.


That's how I see it. The council are in a difficult position. Having Allam sued could just leave the CC holding the baby. Allam gets rid of the SMC and also gets new lights for free.
The CC cannot be left in control of the SMC and is debt once the dust has settled.
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Re: O/T Airco Arena : Sat Apr 18, 2015 1:23 pm  
Irregular Hoops wrote:
Wasn't it John north that was employed by the Council when the agreement with the SMC was drawn up, and then jumped across not long afterwards? :wink:


:thumb:
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