The joint administrators of Hull City AFC told Accountancy Age this week they are talking to a ‘a number of parties’ interested in investing in the troubled football club.
Neil Brackenbury and Mike Moore, partners from Kroll Buchler Phillips, have until today to find prospective investors to back the club until the end of the season.
They say they are expecting an offer this week and will return to court next week with details of the deal. A source close to the case said the players will be paid something this week. The administrators have also reached an agreement with manager Brian Little so that he would remain with the club.
On Saturday, Hull City was able to play after administrators negotiated an agreement with David Lloyd. Lloyd, the owner of their home turf Boothferry Park, is allowing the club to use the ground until further notice after locking officials out last week.
The High Court appointed the partners joint administrators last Wednesday, after Customs & Excise gave Hull City a winding up order for over #50,000 of unpaid tax.
For more information about the club see www.hullcityonline.com.
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