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."
|Youthful Atletico suffer defeat to Melbourne Victory|
|Paris Saint-Germain 4 Leicester City 0: French champions impress|
|Origi confident of big season|
|LAFC´s Hollywood co-owner Will Ferrell hopes MLS can match Europe|
|Liverpool 2 AC Milan 0: Origi stars for Klopp´s men|
|Lamela not listening to Tottenham exit rumours|
|Green: Scoring goals is my job|
|Mancini: Icardi is Inter´s captain|
|Lucescu: Witsel wants to leave|
|Balotelli unwanted by Besiktas coach|
|Conte: Chelsea will struggle again if there´s no improvement|
|Rashford wants to learn from Ibrahimovic|
|NYC star Lampard revels in historic hat-trick|
|Milner willing to cover at full-back|
|Gameiro: Griezmann and I will score lots of goals|
|Wenger: I won´t buy for the sake of it|
|Inter 1 Bayern Munich 4: Hat-trick hero Green enjoys happy homecoming|
|Ibrahimovic keen for ´interesting´ Pogba deal|
|Conte unsure over Costa´s Chelsea future|
|Zidane: Morata will remain a Madrid player|
|Sergi Roberto ´more than a player´ - Luis Enrique|
|New York City 5 Colorado Rapids 1: Lampard hits hat-trick in MLS rout|
|Mourinho hints at United future for Mata and Fellaini|
|Real Madrid 3 Chelsea 2: Hazard show too late for Blues|
|Penalty woes for Everton, Gray treble inspires Burnley at Ibrox|
|Atleti to present Gameiro on Sunday|
|Ibrahimovic nets debut goal as United put five past Galatasaray|
|Barcelona 3 Celtic 1: Messi, Suarez in action as Catalans cruise to victory|
|WATCH: Zlatan open his Man Utd account with acrobatic goal|
|Alba: It would be foolish not to respect Ronaldo, but Messi on another level|
|Lahm hails ´sensational guy´ Schweinsteiger following Germany retirement|
|Stones´ professionalism praised amid City reports|
|Roma suffer Rui blow|
|Inter complete Ansaldi move|
|Nainggolan confident of Roma challenge despite Juve investment|
|Rummenigge tells off Ribery over Guardiola dig|
|Meli makes Sporting loan switch|
|No repeat of slow start, vows Allegri|
|Mourinho desperately wanted Embolo at Manchester United, claims Heidel|
|Dembele can do anything - Tuchel|
|Pogba arrival would boost Rooney - Yorke|
|Ben Yedder makes Sevilla move|
|De Jong signs PSV renewal until 2020|
|Kovacic to fight for his place at Real Madrid|
|Sturridge out to improve goals-per-game ratio|
|Mourinho hails ´humble´ Ibrahimovic ahead of United debut|
|Schweinsteiger will not leave Manchester United for Bundesliga return - Rummenigge|
|Benatia on target again in Juve win|
|Atletico set to sign Gameiro|
|Zenga appointed Wolves boss|
|Flattered Verratti not seeking Madrid move|
|Ancelotti: Growing transfer fees nothing special|
|Eriksson: Ibrahimovic and Mourinho combo enough to win Premier League|
|Meunier: I could not reject PSG|
|Klopp: I didn´t want Mkhitaryan|
|Anything could happen before transfer window shuts - Zidane|
|Montoya leaves Barca base, nears Valencia switch|
|Wijnaldum: I´m happy to play anywhere|
|Klopp backs Mignolet after Karius injury|
|Liverpool suffer Karius injury blow|
|Ranieri confident Mahrez will stay as contract talks continue|
|Emery confirms interest in Jese|
|Higuain´s Juventus move not about money - agent|
|Wolves sack head coach Jackett|
|Zidane: Ronaldo unlikely to play Madrid La Liga opener|
|Ibrahimovic: United fans are waiting for me|
|Deulofeu shines for Everton, Cook opens Bournemouth account|
|Higuain out to emulate Del Piero|
|Kante does his talking on the pitch - Conte|
|Mourinho explains Fosu-Mensah snub|
|Klopp: No more unwanted players at Liverpool|
|Inter want more than €60m for Icardi - Thohir|
|Leicester can replace Kante - Ranieri|
|Lazio complete Wallace signing|
|Gueye set to join Everton, confirms Di Matteo|
|Tuchel: Transfer market has gone cash crazy|
|Leicester hand King new four-year deal|
|No deal done for Pogba, says Raiola|
|Rooney: Mourinho impact already huge|
|Lafferty hit with FA betting charge|
|Top-four finish never enough for Arsenal, insists Wenger|
|Partey hoping to make his mark on Atletico squad|
|Ibrahimovic in, Schweinsteiger out as United head for Galatasaray friendly|
|Vietto set for Sevilla after completing medical|
|I rejected Besiktas to fight for Barcelona spot, reveals Mathieu|
|De Laurentiis fumes at Higuain´s ´lack of respect´|
|Promising Janssen boosts Tottenham´s title hopes|
|Besiktas sign Adriano on three-year contract|
|Tottenham 0 Atletico Madrid 1: Godin grabs the winner|
|Gomis completes Marseille loan move|
|Iniesta surprised at Casillas-Del Bosque spat|
|New Juve signings do not guarantee success - Allegri|
|New Juve signings do not guarantee success - Allegri|
|Middlesbrough snap up goalkeeper Guzan|
|Guardiola still loves Ribery despite jibes|
|West Ham worry over Tore injury|
|Serie A could be another one-horse race, says Eriksson|
|Schweinsteiger retires from Germany duty|
|Iniesta welcomes Barca´s midfield competition|
|Drogba: No luck in Arsenal scoring record|
|Wenger seeks ´experienced´ striker to bolster Arsenal attack|
|Eriksson and Shanghai SIPG still fighting|
|MLS All-Stars 1 Arsenal 2: Premier League giants win late as Xhaka makes debut|
|Conte: I want aggression and intensity|
|Wimmer backs physical Janssen for Tottenham success|
|Klopp: I wouldn´t spend £100m on one player|