Discover and read the best of Twitter Threads about #hcafc

Most recents (4)

Parachute payments are made to clubs relegated from the Premier League in order to soften the blow of the significant reduction in revenue in the Championship, especially as many players’ wages remain at a high level. The following thread looks at how these payments work.
It is evident that parachutes have a major impact on the competitive balance in the Championship, as the 6 clubs with the highest revenue in 2016/17 all benefited from these payments, most notably the 3 relegated the previous season: #NUFC £86m, #NCFC £75m & #AVFC £74m.
Eight Championship clubs received Premier League parachute payments in 2016/17 with #NUFC, #AVFC and #NCFC getting £41m (up from £26m in 2015/16 thanks to the new TV deal), followed by #QPR £31m, then #CardiffCity, #FFC, #Royals & #WAFC, all £16m.
Read 14 tweets
Although the 2016/17 financial results for the Premier League are now a season out-of-date, they are still the most recent published by the clubs, so I thought some comparisons might be interesting as we head into the 2017/18 season. Thread follows.
Thanks to a combination of the PL TV deal and FFP wage controls, almost all clubs are now profitable with only #SAFC reporting a loss. #LCFC led the way with £92m profit before tax, the highest ever made in the Premier League, followed by #THFC £58m, #MUFC £57m and #AFC £45m.
Profit on player sales is an increasingly important element in driving the improved profitability of some Premier League clubs. In 2016/17 highest profits were made by Chelsea £69m (Oscar to Shanghai SIPG), Everton £52m (Stones to #MCFC) and Southampton £42m (Mané to #LFC).
Read 28 tweets
Re I would have much preferred to deal with this matter privately and professionally but with mounting Twitter speculation, predominantly through @stickle’s personal account, I feel obliged to make the following facts public. #hcafc  [1/7]
I have owned the domain name since December 2000 and use it primarily for my personal emails and many online accounts. The URL currently redirects to HCST website. #hcafc [2/7]
Hull City have known for years that I own the domain. Previous owners and club staff have thanked me for forwarding/deleting occasional emails intended for the club, all of which I’ve handled confidentially & professionally throughout my ownership of this domain. #hcafc [3/7]
Read 8 tweets
Well the deed is done. Probably should have done this long ago. But I stuck it out and things only got worse. I have cancelled my @HullCity #hcafc membership. You gave me know reason or hope to stay. Sad. Thread......
My letter to the club - apologies for any typos or dodgy grammar!!

It is regret that I am writing to inform you that I would like cancel my membership above. I cannot continue with my membership if the club insists on being run in the way that is has been for several years now.
I have been supporting Hull City for the best part of 50 years with grandparents, parents, siblings, alone and with friends too numerous to mention in that time. I am therefore cancelling with a heavy heart.
Read 21 tweets

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