Hull City: Owner Assem Allam says club put up for sale

[TomandJerry]

Hull City owner Assem Allam has revealed the club is for sale as he continues to fight for a change of name to Hull Tigers.

He threatened to quit the Premier League club within 24 hours if the name change bid failed, and the Football Association turned it down in April.

"When I say something, I mean it," the 75-year-old Egyptian said on Thursday.

He added that the club had been put up for sale 22 hours after the FA's decision five months ago.

Allam said that an appeal was being lodged against the name change rejection with the Court of Arbitration for Sport.

http://www.bbc.co.uk/sport/0/football/29135764

 

[Mattywerewolf]

Good to see him leaving. What a joker...

 

[narly101]

Another reason for the FA to ensure that purchases of clubs are investigated properly. With this joker running Hull and the announcement that a professional European football club is being run by a crime syndicate goes to show that the football bodies globally are failing to deal with their members.

 

[Cheeky Monkey]

Goddarn it, this better not guarantee Hull one of the relegation spots at the expense of Crystal Mighty FC! #feeling tense

 

[father_and_son]

A good day for football in general when Allam leaves football forever, but Hull could be in for a rocky period while they recover some sense of normality.

 

[crodonilson]

Where will it all end?



The black sheep of the football family.

 

[London Irish]

Hasn't he generally been a good owner? He's not a fly by night JCL, but has been involved in Hull business for decades.

 

[father_and_son]

Assem Allam's statement in full

(As read to the media this afternoon.)

“We stated earlier this year that the club would be for sale should our attempt to promote Hull Tigers as a brand name and as a playing name be blocked.

“As a consequence of the FA’s decision on 9th April, I have announced on the 10th of April that within 24 hours Hull City is for sale.

“When I say Hull City, I mean the club is for sale, not the council.

“I am using the wording Hull City now, here, to show respect for the FA’s decision for Hull City.

“This announcement is in accordance with my decision ten months ago that I would walk away within 24 hours. In actual fact, it was 22 hours.

“When I say something, I mean it. I don’t call bluffs, what I say is what you get, exactly.

“We have also begun the appeal against the FA’s decision by The Court of Arbitration for Sport and we are hopeful of a positive outcome or that the FA reconsider their decision.

“Until the conclusion of the appeal, the appeal or the sale. Whichever comes first.

“The appeal or the sale. Whichever comes first.

“We will remain fully committed to the club.

“When I say whichever comes first, if the appeal comes first, okay, no harm done. If a sale comes first, sold.

“Exactly as I said before, whichever comes first, we will, until that, we'll act on whichever comes first.

“We will remain fully committed to the club. Evidenced by the latest remarkable additions to our already very good team.

“A team that includes I believe 15 or 17 internationals, never ever happened in the history of this club. We have players representing 10 countries.

“I thank the fans, Steve Bruce, our players and our team behind the team here, and at the training ground, for their tremendous support.

“My special thanks to Ehab Allam, who has worked tirelessly behind the scenes since January as a chief executive at the club, in addition to his normal duties as operations director at Allam Marine.

“Thank you, and I’m open to questions.”

 

[GT49er]

Selling seems the best option. He has been very good for Hull City FC over the years, but if he can't take being told "No" then it's time for him to leave football.

 

[narly101]

He's like a little ****ing kid - "let me change the name, or I'll throw it away"

 

[essbee]

what an arrogant *******.

 

[Worried Man Blues]

It's a threat to make them back down

 

[Easy 10]

“As a consequence of the FA’s decision on 9th April, I have announced on the 10th of April that within 24 hours Hull City is for sale.

When I say Hull City, I mean the club is for sale, not the council”

Oh.

Thanks for clearing that up.

 

[seagullsovergrimsby]

Hasn't he generally been a good owner? He's not a fly by night JCL, but has been involved in Hull business for decades.

He has put in £40M+ after buying the club for a quid in 2010.

 

[Thunder Bolt]

He has put in £40M+ after buying the club for a quid in 2010.

He wants £72M.

David Conn [MENTION=1785]david[/MENTION]_conn · 10m
Assem Allam loan to Hull City was £72m at last accounts, year to July 31 2013. He charges club 5%; his interest was stated as £2.8m. #hcafc

 

[ditchy]

If he wasn't confident of winning the appeal ,i am sure he would not have invested the amount in this transfer window

 

[Jim D]

Another reason for the FA to ensure that purchases of clubs are investigated properly. With this joker running Hull and the announcement that a professional European football club is being run by a crime syndicate goes to show that the football bodies globally are failing to deal with their members.

Here's another one.....
http://www.bbc.co.uk/sport/0/football/29150212

 

[vegster]

Good riddance to him.

 

[The Birdman]

Good move the Irish lad who picked them over us.

 

[TheBigUnit]

Good move the Irish lad who picked them over us.

Haha!