Acun Ilicali has confirmed that his takeover of Hull City is finally on the verge of being signed and sealed, heralding a new era for the East Yorkshire club in 2022.
Ilicali revealed the news to millions of viewers of his show O Ses Türkiye (The Voice) in Turkey on New Years Eve, causing the club’s Instagram account to collapse and possibly attracting a whole new fan base, with the 52-year-old appeal. his compatriots to follow the Tigers and their fortunes under his leadership.
The Turkish media figure had hoped to see the deal with the Allam family made and dusted off before Christmas, but the holiday season slowed things down enough that the long process was delayed, much to the frustration of those involved.
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As you would expect with a transaction as complex as the current one, there were one or two unexpected issues that arose during the due diligence period, they are now in the process of being resolved and should be addressed at during weekends, Hull Live can exclusively reveal.
The due diligence is now complete and it is understood that after one or two false starts the share purchase agreement will finally be sent to the EFL by Tuesday of next week in what will be one of the last acts of the Allam regime at the start.
EFL comments have so far been positive on Ilicali’s ownership and proof of funds, and sources involved in the deal say full approval for the takeover could be received from the EFL. authority within 48 hours, essentially giving the green light to a new era for City and their supporters.
Both sides are working hard to secure the deal with the Allam family and the Ilicali team moving ever closer to the end of the Tigers’ 11-year reign.
We understand that there is a growing belief within Ilicali’s ‘confident’ side that they will take control of the Championship club by the end of next week, ahead of the FA Cup third round match. with Everton at the MKM Stadium on Saturday afternoon tea, which will be broadcast live on television – a game the businessman hopes to attend.
After successive postponements, the Tigers return to action at Blackpool on Saturday in search of their first victory in four league outings.
City have been hit by up to 20 positive coronaviruses in preparation for Christmas which saw Boxing Day’s clash with the Blackburn Rovers and the Yorkshire derby at Sheffield United both sidelined.
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