Hull City Might Have Cash Available In January
According to the Hull Daily Mail, Hull City will have money to spend this January depending on if they are able to sell a few players. Hull City chairman Adam Pearson said,
“The major factor for January would be how many players we were able to move out.
“A lot would depend on where we are in the league. If we’re battling in and around the relegation zone then we’ll find the finance to bring in one or two new players, but that will depend on players going out.
“We think that with some diligent hard work and proper management, and working in conjunction with the players, we’d hope to move some on. Then you can look again at what you’re able to do.
“There’s no need of a fire-sale, all we have to do is work strategically with players who aren’t in our long-term plans to move them on.
“We’ve got revenues totalling £54m which would tend to suggest that you can operate off a £27m to £30m wage bill.
“If you’re in that bracket and it’s focused on having a 24-man squad who are all contributing, that’s giving you over £1m per player and I would tend to suggest that it’s entirely viable.
“However, when you’ve got a £36m wage bill and you’ve got £12m sat in the stands every week, then it’s obviously a problem.”
