Allam Family Hull City

15 December 2021 - 4:08 PM

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Alamy

Analysis: The Allam ownership of Hull City – 11 years with zero progress

  • Tomorrow the Allam Family reach their 11th anniversary as Hull City owners with fresh rumours of an imminent buyout – this time from Turkish media mogul Acun Ilicali.
  • Their reign has been marked by significant supporter displeasure, resulting in dwindling attendances.
  • A look at overall revenue across the Allam years suggests Hull have failed to capitalise on the money-making prospects offered by repeated visits to the richest league in world football.
  • Despite the wild ride of the last decade, The Tigers find themselves exactly where they were when the Allams first arrived.

Eleven years ago, late in the evening of December 16th 2010, Hull City welcomed new owners. Allamhouse Limited, owned by self-made millionaire Assem Allam, saved a club reportedly on the brink of administration, committing a mere £0.2 million for shares but injecting over £40 million in loans to help keep the club afloat.

The 11 years that have passed since have been eventful to say the least. In that period, Hull have been promoted three times and relegated three times. They have s

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