Hull City owner Assem Allam has ruled out further investments coming from his pockets in the club until his appeal to the Football Association to change the side’s name to “Hull Tigers” is approved.
The Egyptian born British Businessman had announced earlier in September that by changing the name to ‘Hull Tigers’, the club’s marketability would be drastically improved, yet his appeal was rejected by the FA.
“That [the spending] stops now. It has to stop” Allam stated in an interview with BBC Sport.
“I won’t pay out if I cannot create income. That is called ‘throwing money at it’.”
Allam announced that he would step down as owner immediately after the club was sold; he had put the club up for sale in September this year.
“We stated earlier this year that the club would be for sale should our attempt to globally promote Hull Tigers as a brand name and as a playing name be blocked”, he stated back in September.
“As a consequence of the FA decision on 9 April, I announced on 10 April within 22 hours, that Hull City is for sale”.
The club has yet to receive any offers for purchase, which means Allam and his son remain in charge for now.
Allam’s deep pockets fuelled Hull City’s purchases of Uruguayan striker Abel Hernandez for a club record fee of £30 million, as well as a loan move for midfielders Hatem Ben Arfa and Mohamad Diame, among others.
Though the club sits just 2 places above the relegation zone, there are still 32 matches to be played, and whether it’s Allam’s ownership or somebody else’s, investments in the club will always bode better than not.
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