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Hull ‘agree’ 130m takeover
- Updated: October 20, 2016
A Far East consortium has agreed a conditional £130m takeover of Hull City, according to a document filed to the Hong Kong stock exchange.
The Allam family, who have owned Hull City since 2010, put the club up for sale in 2014 after the FA rejected chairman Assem Allam’s bid to change the club’s name to Hull Tigers.
A separate deal with a Chinese consortium headed by brother and sister partnership Dai Yongge and Dai Xin Li broke down at a late stage in September after the Premier League had begun its owners and directors’ test.
The document published on Hong Kong stock exchange’s news site hkexnews.hk is dated October 13 and shows a …
