LONDON (AFP) - Hull will have to offload most of their best-known players and could reinstate Phil Brown as manager as a result of the cash-strapped club's impending relegation from the Premier League, it emerged on Monday.
High-earners Jimmy Bullard, Geovanni, Anthony Gardner, Stephen Hunt, Kamil Zayatte and Jan Vennegoor of Hesselink are all expected to be put up for sale this summer as the club battles to avoid going into administration, a move that would mean starting life in the Championship with a ten-point penalty.
Chairman Adam Pearson admitted last week that administration was a very real possibility for a club that is 35 million pounds in debt.
The club's owner, Russell Bartlett, struck a more optimistic note but admitted there would have to be brutal cost-cutting to keep the business afloat.
"We face a tough period to trade through the transitional period and readjust the business to life in the Championship, but I am confident we can do that," Bartlett said.
"We are presently preparing plans to trade through and within that process is to significantly lower the wage bill and potentially to restructure other liabilities."
Auditors warned earlier this season that relegation would threaten Hull's future and the club's two-year stay in the top flight was effectively confirmed on Saturday following a 1-0 defeat by Sunderland.
The cash squeeze is so severe that Brown, who was relieved of his duties last month and replaced by Iain Dowie, could be asked to return from gardening club because that would be the cheapest option.
Hull will be joined in the Championship next season by Burnley, who look set to retain the services of Brian Laws as manager and are confident they can cope with the financial consequences of dropping back to the second tier after only one season in the Premier League.
Burnley have lost 14 of their 17 matches since Laws took over from Owen Coyle in mid-January but club chairman Barry Kilby did not appear to be planning a change.
"We'll sit down with Brian in the summer. He didn't have a great hand when he arrived, and we'll see where we go from there," Kilby said.
"Obviously, after getting to the Premier League after 33 years, it hurts a little bit that we've gone down after just a year.
"We were determined that if we did go down we would go down strong, that's what we've tried to do.
"We will have another crack and try to get back into the Premier League."
Kilby said sensible planning meant there were no serious financial implications for the club.
"West Brom have been a good model for us," he said. "You can't bet the ranch on these things, and if we can get back up we will be stronger for it.
"We intend to be back and we'll have a good chance. We are free of debt, have a good wage bill and will give it a good crack."
|Solo suspended from USA women´s team for six months|
|Guardiola understands fans unhappiness over Hart situation|
|Burnley and Middlesbrough sent packing from League Cup|
|Coleman baffled by Ramsey´s treatment at Arsenal|
|Six of the best for Gladbach as Rostov rout Ajax|
|Leicester face Chelsea, Northampton host United in League Cup third round|
|Cillessen set to fly out to Barca to complete move|
|Guardiola hails ´legend´ Hart as Bravo wait in the wings|
|Emotional Hart edges towards City exit|
|Manchester City 1 Steaua Bucharest 0 (6-0 agg): City ease through amid Hart-felt goodbyes|
|Ronaldo working hard for Madrid return|
|Pique warns of European Super League dangers|
|AFC Champions League: Damjanovic inspires Seoul, Wanderley puts Al Nasr in charge|
|Rauball re-elected as German league president|
|Cillessen returns for Ajax despite Barcelona talk|
|Surgery for Pereira after De Rossi horror challenge|
|Hart set for City farewell against Steaua|
|CAF Champions League Review: Wydad draw at ZESCO to earn top spot|
|Retiring Keane in Republic of Ireland squad for final time|
|Sion in talks to sign Liverpool outcast Balotelli, claims club president|
|Athletic´s Laporte not distracted by Barcelona visit|
|Keane announces international retirement|
|Clarke named FA chairman|
|Neuer: Schweinsteiger remains one of world´s best|
|Bielsa would call me before coming to Marseille - Passi|
|Watford bring in Janmaat from Newcastle|
|FIFA opens adjudicatory proceedings against disgraced African football officials|
|European Super League could cause ´war´|
|Sampdoria pounce for Praet|
|Zaza agent confirms Napoli talks but rules out loan move|
|No Grigg in Northern Ireland´s World Cup qualifying squad|
|Cahill reflects on ´amazing´ Melbourne City debut|
|Europa League must take priority, Recoba tells Inter|
|Saint-Etienne swoop for Saivet and Veretout|
|Ronaldo: Pepe was the best player at the Euros, not Griezmann|
|Schweinsteiger: Manchester United my last club in Europe|
|Dante sees Nice as a positive move|
|Pique: Barcelona by far the best in Spain|
|Pique backs Stones for success under Pep|
|Coleman dismisses Premier League talk|
|Spurs want Calhanoglu, claims agent|
|Bony an ´option´ for Bilic|
|Leverkusen cannot challenge Bayern, says Ballack|
|Pallotta blasts ´disgusting´ referee after Roma defeat|
|Badstuber taking his time after injury nightmare|
|Conte: Terry return between him and Allardyce|
|We beat Bayern to Dembele - Watzke|
|Wanderers bring back Bulut|
|Moyes rules out Kone exit|
|CONCACAF Champions League Review: Whitecaps, Pachuca win big|
|Bale: I´ll never forget this year|
|Griezmann: I deserve Best Player in Europe Award|
|No surgery for Ayew as West Ham target December return|
|Villarreal did all they could to make it through - Escriba|
|Spalletti rues lack of Roma discipline|
|Conte: Chelsea must learn to kill matches|
|Watford and West Brom crash out of League Cup|
|My longest 90 minutes as a coach - Rodgers|
|AFC Champions League: Goalless draws leave quarter-finals on a knife edge|
|Klopp hopeful over Can injury|
|Champions League play-offs: Nine-man Roma crash out as Monaco edge Villarreal|
|Henderson hails ´outstanding´ Mane after Burton thrashing|
|Chelsea 3 Bristol Rovers 2: Conte´s side survive scare thanks to Batshuayi double|
|Hapoel Be´er Sheva 2 Celtic 0 (4-5 agg): Visitors survive Israeli scare|
|Burton Albion 0 Liverpool 5: Sturridge at the double in Reds rout|
|Leverkusen sign Austria star Dragovic|
|Sakho in the clear as WADA opt against appeal|
|Enyimba 3 Mamelodi Sundowns 1: Udoh brace secures CAF Champions League win|
|Pulisic and Ramos on target as Dortmund wrap up Bundesliga preparations|
|Calleri hoping for Tevez advice|
|Defour hoping for Belgium recall|
|Alaba warns against complacency as Bayern begin Bundesliga defence|
|Bravo arrives in Manchester ahead of City move|
|Dyche backs Gray after striker´s apology for homophobic tweets|
|Gray charged by FA over homophobic tweets|
|Pique: Olympic gold proves Neymar is one of world´s best|
|Marin makes Olympiacos move|
|Zidane arrival the catalyst for one of my best seasons - Ronaldo|
|Moyes ´worried´ about Mannone elbow injury|
|Sidibe rejected Arsenal over playing-time fears|
|Guardiola: Toure could feature against Steaua|
|Hernandez out for two weeks after falling down stairs|
|Bravo nearing City move, admits Guardiola|
|Ballack impressed by Dortmund signings but still backing Bayern|
|Lucescu questions De Boer tactics|
|Milan reject Chelsea bid for Romagnoli|
|Dortmund know how to treat Gotze - Ballack|
|Shevchenko: Bacca must improve consistency|
|´If you heed 100 idiots you will go crazy´ - Bauza on Messi return|
|Valdano relieved over Messi U-turn|
|Nordfeldt in line for loan move after signing fresh Swans deal|
|Dante joins Nice from Wolfsburg|
|De Boer expects fierce fight for Barca number-one spot|
|Newell´s confident over Messi return|
|Stoke confirm Jones interest|
|MLS ´attractive´ to Rooney - Timbers owner|
|Burke re-signs with West Ham|
|Sassuolo rejected Balotelli - CEO|
|Valencia coach Ayestaran rules out Mustafi sale|
|Allardyce plans Guardiola talks over Hart|
|Cahill warns rivals over City attack|
|Allardyce open to Terry England return|
|Drogba dismisses Villa rumours|
|Tuchel pleased despite Dortmund wastefulness|