Ahead of the January transfer window, Acun Ilicali formally clarifies the Hull City FFP status after….

Acun Ilicali explains Hull City FFP situation ahead of January transfer window

Acun Ilicali says Hull City are in a good place going into the January transfer window as the club continue to work within the parameters of Financial Fair Play (FFP). But the Tigers owner knows they face a potentially season-defining period to get quality in to help them avoid the drop.

The City chief admitted earlier this season that the club had to curb their spending in the summer after some big outlays last year in the transfer market, despite seeing Jaden Philogene and Jacob Greaves move on for almost £40m ahead of the new campaign

One worry City fans had ahead of next month’s shopping window was the fact Ilicali had to pay off Liam Rosenior and Tim Walter, money which counts towards the club’s three-year accounts. But the Turkish businessman says the ex-Tigers defender was paid off and has since regained employment in France with Strasbourg.

“I heard that some people think that we are having a problem about still paying some money to Liam, and it is going from our Financial Fair Play, but it is not like that,” Ilicali told Hull Live.

“Our agreement with Liam was compensation, so he is now in Ligue One in France. I wish him my best luck in this hard league and we get zero harm from that, so, again, the same. With the coaches, our agreements are always for the benefit of the club, and of course, we have to support our coaches when they leave if they don’t find a job for a certain time, but if they find a job, we don’t pay for it, so it is not the financial play that is damaged.

“Another thing to remember, we had a very high budget team last year and, you know, Financial Fair Play is calculated over three years, sometimes we can go up but sometimes we have to go down to balance it.

“I can guarantee our fans that we are running the club in a very healthy way and, of course, Jared (Dublin) will be, again, one part of this operation and our fans shouldn’t be worried. Of course, we have limits but they shouldn’t be worried that we are under the stress of financial fair play. We are managed, I think, in the top way.”