Re: Hull FC/ can we buy our stadium. : Wed Sep 25, 2019 9:05 pm  

The Dentist Wilf wrote:

As a point of clarification as I understand it the lease on the Stadium for both Clubs is a 50 year one (2052). It is however, up for an interim review after 25 years (2027), I believe the management of the Stadium and setting of user agreements was signed over to the SMC in total as part of the original deal. In exchange for every aspect of its running, maintenance and charges to the clubs being in the gift of the SMC the council handed over full control and therefore rid themselves of any liabilities that would come about in future years when having to maintain an aging stadium.

The Stadium maintenance is therefore solely down to the SMC, as stated its fallen behind and it really does needs millions spending on it.

As for buying it, The Council indicated in the heady days of the Allam's that they would sell the Stadium to them (or anyone else) at market value, but not give it away with the adjoining land as the A's wanted. To give it away would anyway be against local Government law, as it was built using the authorities capital assets and therefore public money.

I firmly believe as well that there were concrete plans (all be in in the very early stages) at one time to build our own stadium (Birds Eye was a silly rumour but this was on another West Hull site) but the capital costs just didn't stack up and so that has long since been abandoned.

Was that the redevelopment of Costello? Heard some plans got drawn up, quotes requested for various elements such as electrics etc

Re: Hull FC/ can we buy our stadium. : Thu Sep 26, 2019 11:31 pm  

IR80 wrote:

It's an odd one, depends what it will cost them, (KR), to buy the ground (and land) I guess. FC will never have our own ground (unless one of us wins the lottery).

The KC was a great asset, until The Allams got involved and didn't bother with the upkeep of the KC, but I blame the Council for failiure of due diligence, look at the gate fiasco where the Council just captitulated.

Due diligence was done; they had the money that’s why they own it. It’s not the council’s fault they turned out to be the egotistical sh1ts they are. And as to the gate fiasco the council had no legal argument in regard to the gate. They don’t own the access. It’s those cockwobblers again.

Re: Hull FC/ can we buy our stadium. : Fri Sep 27, 2019 7:40 am  

Plum Bob wrote:

Due diligence was done; they had the money that’s why they own it. It’s not the council’s fault they turned out to be the egotistical sh1ts they are. And as to the gate fiasco the council had no legal argument in regard to the gate. They don’t own the access. It’s those cockwobblers again.

Due diligence should have taken the form of bi-annual inspection of the fabric of the building, a detailed maintenance schedule for a public asset, the Council had every argument against the gate.

Re: Hull FC/ can we buy our stadium. : Fri Sep 27, 2019 8:50 am  

If you want a ground i believe the RFL now have one for sale.

Re: Hull FC/ can we buy our stadium. : Fri Sep 27, 2019 4:50 pm  

ccs wrote:

… or to put it another way, clubs who do own their own grounds have a financial advantage, something that has been argued many times before.

Who owns JJB, Warriors or Athletic?

Re: Hull FC/ can we buy our stadium. : Fri Sep 27, 2019 4:57 pm  

Genehunt1973 wrote:

Who owns JJB, Warriors or Athletic?

Whelan I believe?

Re: Hull FC/ can we buy our stadium. : Fri Sep 27, 2019 5:10 pm  

Genehunt1973 wrote:

Who owns JJB, Warriors or Athletic?

Well Wikipedia says

The ground is owned and managed by Wigan Football Company Limited, which is 98% owned by Wigan Athletic and it is used by Wigan Athletic football club and Wigan Warriors rugby league club, the rugby union club [sic] having a 50 years lease on tenancy to play games at the stadium.

Re: Hull FC/ can we buy our stadium. : Fri Sep 27, 2019 5:39 pm  

ComeOnYouUll wrote:

Well Wikipedia says

The Whelan family have sold Wigan Athletic to Hong Kong-based company International Entertainment Corporation for £22m after 23 years as owners.


(BBC July 2018 ish), Wigan Athletic owns 98%, can't find who owns the other 2%.

Re: Hull FC/ can we buy our stadium. : Fri Sep 27, 2019 10:08 pm  

The Council are selling to Grudgell just so he can get some of his investment back. Think he’s desperate to get shut myself.
Caravan Park is an ageing stadium so all maintenance costs will soon be theirs. At least the Council footed the £100K floodlight bill.

[Mild Rover]

Re: Hull FC/ can we buy our stadium. : Sat Sep 28, 2019 7:03 am  

Irregular Hoops wrote:

The Council are selling to Grudgell just so he can get some of his investment back. Think he’s desperate to get shut myself.
Caravan Park is an ageing stadium so all maintenance costs will soon be theirs. At least the Council footed the £100K floodlight bill.

Why would the council do that, even if they could?

Hudgell would clearly be happy to step aside if there was somebody with the money and desire to take over.

I think Rovers are already responsible for the upkeep of the stadium, although that is largely based on what i’ve seen on internet forums.