Hull sell two players hours before deadline to avoid points deduction
Summary
Hull City sold two players just before the deadline to avoid losing points in the Premier League. The sales helped the club meet financial rules about losses, which limited how much money they could lose over three years.Key Facts
- Hull City sold goalkeeper Ivor Pandur to Rangers for £6 million.
- Midfielder Aidon Shehu was sold to Panathinaikos for around £2.5 million.
- Hull City had to reduce losses to meet Profit and Sustainability Regulations (PSR), which limit Championship clubs to £39 million in losses over three years.
- Without these sales, Hull could have faced a points deduction in the Premier League.
- The sales created about £7 million in profit for the club’s financial calculations.
- Kyle Joseph’s planned sale to Middlesbrough for £5 million was delayed due to issues between the clubs.
- Hull City recently won promotion to the Premier League by winning the Championship play-off final.
- The PSR system will be replaced by a new rule called the Squad Cost Ratio (SCR), which lets clubs spend up to 85% of their income on players each year.
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