Hull City takeover document 'shows club sale to Chinese for £130m'



A document appearing to show confirmation of a proposed takeover of Hull City for £130m by a Chinese consortium has emerged in Hong Kong.
The statement for the Hong Kong stock exchange reports a deal between Allamhouse Limited, the company operated by Hull City owners Assem and Ehab Allam, and GreaterChina Professional Services Limited.
The takeover value is listed as £130m but is said to be "conditional upon, among other conditions, the obtaining of the consent of The Football Association Premier League." That is thought to be a reference to passing the Premier Leagues "Fit... read more

 
19 October 2016 in Yorkshire & Humber, Views: 46
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