HULL CITY EXCLUSIVE: Allams complete takeover – deal confirmed to the Mail
MILLIONAIRES Assem and Ehab Allam are the new owners of Hull City having struck an agreement with owner Russell Bartlett yesterday, sources have this morning confirmed to the Mail.
The Allams, who have a £150m fortune and run Melton-based Allam Marine, will release a statement confirming their control of the club, and the Superstadium Management Company, at lunchtime today.
-
New owner: Assem Allam at a recent game at the KC Stadium.
At around the same time, Bartlett will publish a statement on Hull City's club website, confirming he has agreed to selling a majority stake in the Tigers.
It follows meetings yesterday afternoon between the parties, ahead of City's 2-2 draw with Leeds United at Elland Road.
The cheapest Upvc Windows & Doors Guaranteed, Call now
View detailsWe will beat any like for like quote with this voucher or by saying HDM when calling for a free quote
Terms: Must be a new quote or order
Contact: 01482 420497
Valid until: Friday, May 31 2013
The deal comes after weeks of speculation and following reports on Radio Humberside last night that Bartlett had walked away completely from the deal.
However, the Mail understands hands had already been shaken at that stage and that the Allams had agreed the takeover deal.
Although the official annnouncements are yet to be made, a source told the Mail: "The deal was done yesterday afternoon and the Allams are now have a controlling stake in Hull City and the Superstadium Management Company."
MORE ON THE TIGERS TAKEOVER
First statement from the new Tigers owners
Comments
by Phil, Hessle
Thursday, November 11 2010, 1:58AM
“TonyM- whats the weather like up there in cloud cuckoo land.....
Duffen will NEVER be allowed near our club again- I would kill him personally if he ever tried to get back into our boardroom- FACT not an idle threat.
As for Brown - he is loving himself on SSN. He needs to stop preening himself so much. He is OBVIOUSLY not a good manager- if he was even a half decent manager then he would have been snapped up by any number of clubs. Instead he is like all the rest of the sacked managers- pi$$ing about on SSN and nowhere near getting a proper job...”
by TonyM, Hull
Thursday, November 11 2010, 1:23AM
“Ben, Adam Pearson is a disaster for Hull City and the Allams need to get rid of him asap. Duffen and Brown should be brought back. I honestly think thats what will happen next.”
by Ben W, Hull
Wednesday, November 10 2010, 11:01PM
“Well done to the allams and bartlett for getting this takeover done. Its great to see adam pearson is staying and running the football side of the club. Adam pearson has worked hard to setup this takeover and bring it to a conclusion. Instead of bartlett selling us to a yank bank. Under the allams and pearson hull city wont make the same mistakes as under duffen and bartlett.”
by desdemona, hull
Wednesday, November 10 2010, 10:07PM
“first thing mr allam will do is kick hullfc out of kc stadium and send em back to the boulevard”
by ricardo mon peach, ull
Wednesday, November 10 2010, 8:59PM
“Good luck MR Allam and thank you for your support .”
by TonyM, Hull
Wednesday, November 10 2010, 8:52PM
“Message to the Allams. Sack Nigel Pearson and bring back Phil Brown. Sick as a pig that Adam Pearson is part of the deal. And will people please stop posting as me.”
by Gareth, Hull
Wednesday, November 10 2010, 8:40PM
“Great news for the club.Maybe we can afford to bring Matt Fryatt in from Leicester now. He would be a great addition.”
by TonyM, Hull
Wednesday, November 10 2010, 8:18PM
“Nice try, TonyM. You missed the capital P off Premiership. Better luck next time.”
by brian, Barcelona
Wednesday, November 10 2010, 7:50PM
“Hey Matty he aint my new owner amigo,
the ball and chain still holds that job.
But basically your right and sorry Mr ALLAM - If your rescuing my beloved club I should at least get your name right - UTT”
by Matty, Hornsea
Wednesday, November 10 2010, 5:22PM
“Southern Tiger, Barcelona :
You need to get the name of your new owner right mate. It'll be no good shouthing "Assam out" this time next year because he won't know who youre on about”