For the past few weeks, we have been trying to get to the bottom of what has been happening at Hull City, admittedly with not a great deal of success. That the relegation threatened club has complex and serious financial problems is evident. The club’s own stated view is that they have too high a wage bill in relation to turnover. That is undoubtedly the case and it is a familiar tale in the Premiership. But it is only part of the story.
For the past few weeks, we have been trying to get to the bottom of what has been happening at Hull City, admittedly with not a great deal of success. That the relegation threatened club has complex and serious financial problems is evident. The club’s own stated view is that they have too high a wage bill in relation to turnover. That is undoubtedly the case and it is a familiar tale in the Premiership. But it is only part of the story.
Now respected football finance writer David Conn has produced a thorough analysis of the situation. In particular he casts doubt about the amount of money invested into the club by owner Russell Bartlett.