Quote:Allamhouse, the parent company of Hull City owners Assem and Ehab Allam, saw pre-tax profits fall from £52.7m to £4.3m during 2018, according to the latest set of figures filed this morning...….
….The SMC saw turnover fall from £4.6m to £3.4m, bringing a loss of £2.5m for the 12-month period. City’s falling attendances will have had an impact but the strategic report stated that the loss was “in line with expectations due mainly to the tenancy agreement with the rugby club (Hull FC).”
Is Hodgson the new Griffin, or is it all about pace?
Jake the Peg wrote:I saws that on the wail website. Not sure how we can cost them 200 grand a month to be honest but obviously they won't be lying about it at all
It cant be that bad when they actually want money for the SMC as part of the sale of Hull City. You would think if it was losing money as they say then Mr porky pie Allam would be looking to give it away with any sale.
Joined: Jan 30 2004 Posts: 8220 Location: Never never land away with the fairies
Hmmmmm maybe their actual skills should be out in to the restaurant business as they seem very good at cooking the figures to suit.
The problem is they are doing nothing but run down the football club they own (even though they are selling..... yeh right) and they are doing the same with the SMC. Funny how it turned a profit until these expert business men got involved and it now loses money. Be interesting to know how much is paid out to the Allams.
The sooner they have gone from both the SMC & Hull City the better.
I really enjoy long walks especially when they are taken by people I don't like!
Joined: Nov 23 2009 Posts: 12751 Location: The Hamptons of East Yorkshire
jimmyfivebellies wrote:Losing money but father and son still took £185k “wages” from it..
Are you heading to London this weekend mate? 7 years ago since that scrap at Gillinghams Priestfields ground. Doesn't time fly? Might have to try and behave round Ealing. It's a bit posher.
Joined: Aug 18 2013 Posts: 710 Location: Kingswood the greatest place to live in Hull
Been at the stadium ticket office today and they have a notice up saying as of Monday they are charging a fee of £3 when you buy a ticket through the office and £2 when you buy over the phone, the only option without a fee is online.
Joined: Nov 19 2005 Posts: 2359 Location: Marys Place, near the River, in Nebraska, Waitin' on A Sunny Day
Fields of Fire wrote:Been at the stadium ticket office today and they have a notice up saying as of Monday they are charging a fee of £3 when you buy a ticket through the office and £2 when you buy over the phone, the only option without a fee is online.
I'm going around in circles trying to buy the CC ticket online. First it didn't recognise my email even though they have it, then it didn't recognise my DOB so tried the default and it still didn't reccognise it, then it mysteriously accepted my email address, got email requiring me to click to verify, when clicked it takes you to the FC site with 404 not recognised!!!
A dog is the only thing on earth that loves you more than he loves himself.
When you rescue a dog, you gain a heart for life.
Handle every situation like a dog. If you can't Eat it or Chew it. Pee on it and Walk Away.
"No amount of cajolery, and no attempts at ethical or social seduction, can eradicate from my heart a deep burning hatred for the Tory Party. So far as I am concerned they are lower than vermin. " Anuerin Bevan
Hull White Star wrote:I'm going around in circles trying to buy the CC ticket online. First it didn't recognise my email even though they have it, then it didn't recognise my DOB so tried the default and it still didn't reccognise it, then it mysteriously accepted my email address, got email requiring me to click to verify, when clicked it takes you to the FC site with 404 not recognised!!!
I registered no probs but it gave me a different customer number!!!! Every time I try to get tickets, choose or fast it won’ let me choose my seats plus I can’t input details on the reservation section
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot post attachments in this forum
