Hull City publish small profit but face a difficult season with parachute payments gone
16 September 2019
Hull City have published their accounts for the 2018/19 season, which show a small profit.
However, the club are looking at a difficult season with parachute payments gone and decreasing turnover.
Hull City have published their annual accounts for the year ending 30th June 2019. Despite a profit of £2.5 million for the financial year, the report isn't exactly joyful reading, if you're a fan of the club.
The 2019/20 season will become the first year without parachute payments since relegation from the Premier League in the 2016/17 season, meaning the club will be losing out on an extra £37 million.
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