Hull becomes the latest club threatened by administration

| Comments | TrackBacks
Share |

The club has been virtually relegated but now faces the threat of administration which would tack on a ten point deduction. To avoid administration, the club has to come up with ways to restructure £35m in debt.

A firesale of players is in the cards to trim the wage bill from £40m to £15m. George Boateng, Geovanni, Stephen Hunt, and Jan Vennegoor of Hesselink might be on their way out.

For a club whose climb to the pinnacle of English league football took 104 years, this is a sad tumble. Adam Pearson brought the club back from administration in 2001 and almost a decade later is faced with a similar situation.

soccerblog

No TrackBacks

TrackBack URL: http://www.soccerblog.com/cgi-bin/mt/mt-t.cgi/6467.

Leave a comment

Offers

    Newsletter


    Solar Electric Light Fund


    Steel Pulse


    ABOUT SOCCERBLOG.com

    SoccerBlog.com is a fan-driven site founded by Christian and Shourin. Our goal is to cover the beautiful game and talk about some of the issues that may not be covered elsewhere. Since we aren't any good at playing, we decided to talk about soccer instead!


    THE $300 HOUSE

    Change the world with 300House.com. Join us today and make a difference >>


    Your Ad Here >>
    Contact: christian [at] christiansarkar [dot] com

About this Entry

This page contains a single entry by Shourin Roy published on April 26, 2010 6:04 PM.

Video: Kei Kamara's miss of the century was the previous entry in this blog.

West Ham Utd: The case for Zola is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.