Hull future 'could be in doubt'
Published : 28 Oct 2009 14:21:10
Hull could go out of business if they are relegated, auditor Deloitte has warned in the club's financial results.Hull recently filed accounts for the year ending July 2008 five months late. Deloitte says Hull need £23m "to meet current liabilities" and, if they go down, losing the £7m they get from the Premier League would be a major blow. But the accounts cover the year before Hull's first Premier League campaign and the directors say the financial situation is much improved since then. H.... read more