Re: City, should we be concerned? : Thu Dec 11, 2014 1:32 pm  

Aldy wrote: Where they reimbursed by the agreement for the SMC to cover policing & stewarding the purchase of £140,000 worth of Hull Fc Premier Club season passes and to subsidise catering and beer sales? http://www.hulldailymail.co.uk/Allams-s ... story.html Noone is sure what your actual point is. But it is pretty much (or rather was) the widespread opinion originally, that Pearson had screwed FC over on behalf of the SMC (his company). So Allam picking and choosing certain aspects of this now to cherry pick, in order to create misinformation and mistrust is idiotic,

Aldy wrote: Where they reimbursed by the agreement for the SMC to cover policing & stewarding the purchase of £140,000 worth of Hull Fc Premier Club season passes and to subsidise catering and beer sales? http://www.hulldailymail.co.uk/Allams-s ... story.html Noone is sure what your actual point is. But it is pretty much (or rather was) the widespread opinion originally, that Pearson had screwed FC over on behalf of the SMC (his company). So Allam picking and choosing certain aspects of this now to cherry pick, in order to create misinformation and mistrust is idiotic,

Re: City, should we be concerned? : Thu Dec 11, 2014 4:29 pm  

hull smallears wrote:

Noone is sure what your actual point is. But it is pretty much (or rather was) the widespread opinion originally, that Pearson had screwed FC over on behalf of the SMC (his company). So Allam picking and choosing certain aspects of this now to cherry pick, in order to create misinformation and mistrust is idiotic,

Don't be saying things like that on here, AP is a god in some eyes, anything negative said against his good name will have you out the cuddle crew in short sharp order

Re: City, should we be concerned? : Thu Dec 11, 2014 10:35 pm  

Aldy wrote: Where they reimbursed by the agreement for the SMC to cover policing & stewarding the purchase of £140,000 worth of Hull Fc Premier Club season passes and to subsidise catering and beer sales? http://www.hulldailymail.co.uk/Allams-s ... story.html Hull's and City's tenancy agreements were agreed before the SMC was created to manage the stadium. Hull's was based on attendances of around 7k, with the SMC receiving very significant income (50% of receipts above 7.5k) which more than compensated for the so called over generous extras when the club was successful. It was designed to ensuring that Hull didn't struggle too much financially when times were hard. How catering can make a loss of £70k a year is beyond me. It was a significant income stream at the Boulevard, and was factored into the lease agreement.

Aldy wrote: Where they reimbursed by the agreement for the SMC to cover policing & stewarding the purchase of £140,000 worth of Hull Fc Premier Club season passes and to subsidise catering and beer sales? http://www.hulldailymail.co.uk/Allams-s ... story.html Hull's and City's tenancy agreements were agreed before the SMC was created to manage the stadium. Hull's was based on attendances of around 7k, with the SMC receiving very significant income (50% of receipts above 7.5k) which more than compensated for the so called over generous extras when the club was successful. It was designed to ensuring that Hull didn't struggle too much financially when times were hard. How catering can make a loss of £70k a year is beyond me. It was a significant income stream at the Boulevard, and was factored into the lease agreement.

Re: City, should we be concerned? : Thu Dec 11, 2014 11:12 pm  

ccs wrote:

Hull's and City's tenancy agreements were agreed before the SMC was created to manage the stadium.
Hull's was based on attendances of around 7k, with the SMC receiving very significant income (50% of receipts above 7.5k) which more than compensated for the so called over generous extras when the club was successful.
It was designed to ensuring that Hull didn't struggle too much financially when times were hard.
How catering can make a loss of £70k a year is beyond me. It was a significant income stream at the Boulevard, and was factored into the lease agreement.

the old board get a lot of stick for lots of things, but I still am of the view that the deal they signed at the KC was a good one for the club, which as you say was designed to protect the club if times were hard. The deal offered stability which at a club that was on the verge of financial disaster for most of the 90s was badly needed.

I don't think even the most optimistic FC fan predicted that average crowds would hit the 13-14K mark like we did in the mid 00s, and back then there were no lucrative derby games to be had. The club would find it even harder on the 10k gates we get now if we had to fork out for stewarding.

I agree that it is very fishy that catering can loose so much money, they pay the staff the bare minimum (mostly under 21 rate minimum wage) a lot of the items they sell have long shelf-life, and the sky high prices are well known.

Re: City, should we be concerned? : Fri Dec 12, 2014 8:41 am  

With regards to the "loss & subsidy" of the catering, The (HKR) Daily Mail have worded it to sound like the subsidy is soley FC's when in fact it includes the football club in that.

Re: City, should we be concerned? : Fri Dec 12, 2014 9:58 am  

The HDM says the council has only received £50k income from the SMC.
They also say that this represents 5% of the profit made by the SMC.
So the SMC made £1m profit in the first few years.
Not a lot, but a profit nevertheless.

Re: City, should we be concerned? : Fri Dec 12, 2014 4:58 pm  

Food and drink sales could well have dropped, in the South only one vending station is now open. Queues are big and I rarely bother using them, I am well known for my dislike of queues and will do without rather then stand there.

1. Is this situation the same in other stands ?

2. Is the downturn a result of lower sales or closing outlets to save money ?

The deal Richo got for FC was good and Adam Pearson was fuming at the time, we amend that deal at our peril as it protects us in bad times.

Re: City, should we be concerned? : Fri Dec 12, 2014 5:17 pm  

Hull's "deal" regarding catering was probably based on something like 33p (total guess) per person attending.

So in a good season, 14k x 15 matches comes out at £70k. Currently, the figure would be about £50k.

Makes you wonder when they sell a bag of crisps for £1 - maybe inflation was built in (now making it 50p per head) and is now a significant factor?

Re: City, should we be concerned? : Sat Dec 13, 2014 10:48 pm  

did they win today?

Re: City, should we be concerned? : Sun Dec 14, 2014 8:11 am  

frepneyboy wrote:

did they win today?

Six league wins in the calandar year so far, I believe?