|  Register / Login

Hull City awaits Chinese takeover

Thursday, 25 Aug 2016 16:10   |   By Chen Yaping

21650


A group of Chinese investors are understood to be close to completing a deal to buy English Premier League (EPL) club, Hull City. The deal is awaiting approval by the EPL after the group reached a purchase agreement with the Allam family, the club’s current owners.

At present, Chinese property developer Dai Yongge and his sister Dai Xiuli have sent their own employees to work inside the KCOM Stadium alongside Vice-Chairman Ehab Allam, son of owner Assem.

At the same time, Mike Phelan may be appointed the Tigers’ permanent manager, as claimed by a Daily Mail report.

Some reports believe that Martin O'Neill, current boss of the Republic of Ireland, is also a competitive rival for Phelan.

The Dai family, who also own Chinese second-division club Beijing Renhe, are likely to be in attendance when Hull entertain Manchester United on Saturday evening.

Source: dailymail

Proofread by Sean O Diobhilin

Tags: sports business,Premier League,investment

Related News

Join the DiscussionLog in >>

Submit

Comments

Terms of Use        Privacy Policy        Cookies        Contact Us        Copyright © 2015 Yutang Sports. All Rights Reserved.|