Post subject: Re: DoR - New Coach - Investor & Adam - New signings
Posted: Wed Nov 13, 2024 2:30 pm
Rugby Raider
Player Coach
Joined: May 02 2010 Posts: 1447 Location: Playing League on The Close
Great news!
I trust our new owners are scouring Exchange and Mart as we speak, looking for a second hand shipping container to give us that IMG A rating!!
In all seriousness, this is a great day for our Club and provides us all with a brighter future.
Must pay a special thank you to Adam. We’ve had many good times and two great Wembley winning days that we’ll remember forever. Yes, it’s been tough in recent seasons, however at least he’s navigated us to a brighter future!
Post subject: Re: DoR - New Coach - Investor & Adam - New signings
Posted: Wed Nov 13, 2024 2:50 pm
The Dentist Wilf
Player Coach
Joined: Dec 07 2005 Posts: 7386
I know what everyone asking now firstly what are the Christmas jumpers like and secondly
What Is an Exclusivity Period?
An exclusivity period, also known as a “no-shop” period, is an agreement between a seller and a buyer wherein the seller agrees to negotiate exclusively with a single buyer and not entertain discussions or negotiations with other potential buyers during such period. This period is usually negotiated and agreed upon by both parties in a letter of intent. There are various contextual factors that go into determining the length of an exclusivity period, but buyers generally prefer longer periods, while sellers typically want no or short exclusivity periods.
2016 The Year of the Airlie Bird -on sale NOW, price £15, BUY THE BOOK RE-LIVE THE DREAM!
Post subject: Re: DoR - New Coach - Investor & Adam - New signings
Posted: Wed Nov 13, 2024 3:06 pm
Jake the Peg
International Chairman
Joined: Mar 22 2007 Posts: 30326
Only just seen this, what great news. Let's hope it's the start of a new era for the club with a true "power board" (Unless we have bought some development land I'm not aware of and they're only here to get what they can out of that?).
I do feel the criticism of pearson is a bit OTT. He's made mistakes but I've never doubted his commitment to the club. He's been naïve and made some poor decisions but he's also put in a large chunk of his personal wealth and backed coaches, particularly radford, with plenty of cash. Didn't we pay a big fee for westerman in his early years of ownership?
He just never really had the cash needed once covid hit.
It should certainly put a different spin on tonight. Tickets were all gone when I tried to get one but will listen in with interest
Post subject: Re: DoR - New Coach - Investor & Adam - New signings
Posted: Wed Nov 13, 2024 3:12 pm
Chris71
Moderator
Joined: Jan 30 2004 Posts: 8162 Location: Never never land away with the fairies
Well as we’ve all known for long enough things were in motion behind the scenes and Thirkell hotly rumoured, I don’t think anyone could have envisaged such a huge change.
Whilst a combined wealth of over £500M does not mean they have cash readily available we are certainly now moving on to some very solid foundations financially.
With the news of the takeover and the arrival of Cartwright we should finally be on the right road to getting the club back challenging in the next couple of years.
I know many are glad to see the back of AP but I do think we owe him so much, yes he made a few mistakes but I haven’t seen many owners who have single handedly run a club. Without him I do not think it’s wrong to say we might not have been here. He’s also ensured the club looks to be in very capable hands of people who have not only money/financial clout but more importantly are fans and supported of the great game we all love.
Certainly interesting and exciting times ahead for the club and us all following Hull FC and sheer panic across the border as the rovers fans take in the news.
Think it’s also an important and great thing for the game too. Reckon there’ll be a few Loiners fans asking why he wasn’t able to invest in Leeds.
Again a great day to be a Hull fan as times ahead look very promising.
I really enjoy long walks especially when they are taken by people I don't like!
Post subject: Re: DoR - New Coach - Investor & Adam - New signings
Posted: Wed Nov 13, 2024 3:19 pm
Jake the Peg
International Chairman
Joined: Mar 22 2007 Posts: 30326
The Dentist Wilf wrote:I know what everyone asking now firstly what are the Christmas jumpers like and secondly
What Is an Exclusivity Period?
An exclusivity period, also known as a “no-shop” period, is an agreement between a seller and a buyer wherein the seller agrees to negotiate exclusively with a single buyer and not entertain discussions or negotiations with other potential buyers during such period. This period is usually negotiated and agreed upon by both parties in a letter of intent. There are various contextual factors that go into determining the length of an exclusivity period, but buyers generally prefer longer periods, while sellers typically want no or short exclusivity periods.
I'm sure all of the other potential investors are spitting feathers
It normally means there is an agreement in place, possibly a memorandum of understanding and just the legal side to be finalised. I'd expect the new owners have done their due diligence or the announcement wouldn't have been made yet
Post subject: Re: DoR - New Coach - Investor & Adam - New signings
Posted: Wed Nov 13, 2024 3:29 pm
DiggerHFC
International Star
Joined: Mar 07 2015 Posts: 96
Great news for the great club and the long suffering fans of which I'm a member, I don't know how AP got us through the covid era, I do hope his debts have been repaid and he can leave the club with his head held high, gave me two of the greatest days of my life.
Onto the new owners both clearly know what they are doing and the potential of FC, bring on the new season
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