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Allam: Hull City sale close
- Updated: August 27, 2016
Hull’s owners hope to complete the sale of the club within the next fortnight, vice-chairman Ehab Allam has confirmed.
The Allam family, who have owned the Tigers since 2010, have announced a deal has been agreed with prospective new owners, understood to be a Chinese consortium headed by a brother and sister partnership of Dai Yongge and Dai Xin Li.
Allam did not reveal the identity of the prospective new owners but said the club would reveal more details “in the near future”.
“As has been highlighted in the press in the past few weeks, a takeover of the club is at an advanced stage – a deal has been agreed and due diligence is well underway,” Ehab Allam said in his programme notes ahead of their Premier League game against Manchester United.
“We have enjoyed our time as the custodians of the Tigers, but we appreciate, as with (departed manager) Steve (Bruce), we have taken the club as far as we can.
“The time has come for new owners to come in and take over from us and we hope to have more information for you all on that in the near …
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