Auditors Deloitte say Hull could go out of business if they are relegated with the club needing £23 million 'to meet current liabilities' and, if they go down, losing the £7 million they get from the Premier League.
Wii folk are playing a dangerous gameThe Gordon Brown economy: No boom, lots of bustThis illustrates why Hull were so desperate for money that Sunderland were able to sign highly-rated defender Michael Turner for an initial fee of just £3.5 million, rising possibly to £8 million. That naivety was also apparent when Hull made Jimmy Bullard (pictured) their signing in a £5 million deal with Fulham.
Arriving with a knee problem, his new employers took a gamble that backfired. He has yet to play at the KC Stadium.