Skip to main content

Hull deal may be some way off

Hull head coach Nigel Adkins has admitted that a takeover of Hull City may be some way off. Reports have referred to chairman and chief executive Paul Duffen and two other possible buyers.

However, as Charlton fans know, sealing a deal can take a long time. Talks with one consortium have been going on there for over a year, but owner Roland Duchatelet has been insufficiently flexible over the price. Hull fans do not have much confidence in their owners either.

Adkins said that he had spoken with owner Assen Allam and added, 'It's a long way from being done from what I can make out.' Adkins was asked if he expected to be kept in the loop about the sale of the club and said, 'I'd like to think I'll be made aware of it.'

Good luck with that. Charlton manager Lee Bowyer has largely been kept in the dark and was caretaker manager for months before being given a contract until the end of the season. Hull are currently bottom of the Championship and any new owners might want a change of manager.

Duffen owned the club between 2007 and 2009 and took it into the Premier League for the first time.

Labels:

Comments

  1. Unknown8 October 2018 at 01:42

    Paul Duffen has never owned Hull City, he was chairman and chief executive. The owner at that time was Russell Bartlett.

    ReplyDelete
  2. Wyn Grant8 October 2018 at 02:26

    Thanks for the correction, I will alter the text.

    ReplyDelete
  3. Unknown8 October 2018 at 05:42

    He also took them into the Premier League and not the Championship for the first time...

    ReplyDelete
  4. Wyn Grant8 October 2018 at 07:09

    More mistakes than usual! Need a fact checker. Perhaps I should ask the sports editor of our local paper who is a big Hull fan.

    ReplyDelete
  5. Unknown8 October 2018 at 09:02

    Hull city afc badly need a new genuine owner (nothing left for any asset strippers!) new manager and a full compliment of coaching staff, so there's no easy fix, and I doubt there's the will anyway. We can't afford to employ cheap staff (that's what we've done this time and look where it's got us) I don't buy into the "I've turned down loads of jobs to come to Hull" statement of Adkins. In my opinion he was the only one that would work for the pittance that the the current owners would pay. Unfortunately I am now into my eighties, followed Hull City since before Raich Carter, when Major Buckley held the reins. We've been in queer streets many times during the last 70years or so but in my humble opinion the club has never been as desperate as it is now! I now truthfully believe we are now in axxxxxxx street

    ReplyDelete
  6. Wyn Grant8 October 2018 at 09:11

    I am very sorry to hear this account of the situation at Hull from a long-standing supporter. I have supported Charlton since 1953 and the club has been put into a bad situation by the current owner. I'm not impressed by Adkins, nor was the sports editor of our local paper, a keen Hull fan, pleased by his appointment. A new owner is clearly needed, but it won't be easy to sort things out. The list of clubs with barmy owners is a long one.

    ReplyDelete

Post a Comment

Popular posts from this blog

It's no deal say Spurs insiders over Taiwanese takeover

Senior figures at Tottenham Hotspur insisted on Friday that they had not been informed of any deal to sell Daniel Levy’s stake in the club. A business group, Eight Sports Capital — which is said to include a billionaire Taiwanese financier — claimed that it had an agreement in place to buy a 24.99 per cent stake in ENIC, the club’s majority owners, from Levy, who owns 29.88 per cent. The Times has been told Ng Wing Fai and Brooklyn Earick form part of the group, having both been linked previously to potential takeovers of the Premier League club. The Taiwanese businessman, Richard Tsai, is also said to be part of the consortium. He is reportedly worth £7 billion.  Last year Earick, the former DJ and tech entrepreneur, was part of an attempted £4.5 billion takeover, which was “unequivocally rejected” by Spurs.  An ENIC spokesperson said: “We can confirm that neither ENIC nor THFC are aware of any sale by Daniel Levy’s Family Trust of its minority stake in ENIC, THFC’...
Post a Comment
Read more

Reports about Charlton sale exaggerated

Reports have appeared in The Guardian and elsewhere that Charlton has been put up for sale. Richard Cawley is an authoritative local journalist who runs a South London Sport substack site.  He reached out to the club yesterday evening to ask for comment on The Guardian’s article. Early indications from the club have been that nothing has changed since the story about them seeking investment, except that it is now a different company doing it. Charlton have since managed to consolidate their place in the Championship, avoiding an instant return to League One, with their women’s side promoted to the WSL, returning to the top flight for the first time since 2007, although staying there is likely to be costly. It would be counter-intuitive for owners Global Football Partners not to progress the club when looking for investment, that the focus remains on driving it forward, that their spend this summer is in line with long-term planning and will see an increase in wages spent on players...
Post a Comment
Read more

Levy's anomalous status at Spurs

It is now nearly a year since Daniel Levy was dismissed as Tottenham Hotspur chairman by the Lewis family.  It has been 12 months of dramatic twists and turns, with Spurs avoiding relegation on the final day of the Premier League season, and then spending unprecedented sums this summer to try to make sure such a scare never happens again. But while most fans focus on the football — and a dubbing by Brentford   — another set of issues have been bubbling away separately. These relate to Levy’s continued position as a minority shareholder in the club. This has been in the news for much of this summer, even as we approach the first anniversary of Levy’s dismissal, and specifically this month, after he missed the opportunity last week to participate in the Lewis family’s latest equity injection into the club. On Thursday morning the club confirmed that his shareholding has been diluted, down by roughly two per cent, after the creation of new ENIC shares. Levy’s dism...
Post a Comment
Read more