Dowie: Hull short of 'saleable assets'

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Hull boss Iain Dowie admits the club may struggle to raise significant funds from player sales as they look to trade through their financial problems.

The Tigers issued a statement on Thursday again stressing there are no plans to follow Portsmouth into administration despite debts of approximately £35million. Hull's relegation to the Coca-Cola Championship was all but confirmed last weekend following a 1-0 defeat by Sunderland.

Dowie compared his own squad with Sunderland, saying: "I'm sitting talking to (Sunderland manager) Steve Bruce and his wage bill's probably £3million more than ours and you look at the saleable assets that are there. That's the stark difference and clearly there's going to be huge implications for Hull, but in (chairman) Adam Pearson they've got someone who knows his way round a football club."

He added: "They're going to try to trade their way through it and that's laudable. Adam's brought the club through dark times before and he's well aware of how to restructure a club.

"There's young players here with a lot of potential but they're the ones you don't want (to sell), they're the key element of your team.

"With all due respect to players like George (Boateng), Kevin Kilbane and Andy Dawson, they're not going to get big money for them.Stephen Hunt is probably the most a saleable asset and I'm sure he'll be back better than ever soon."

Burnley will also be playing in the Championship next season after their one-year stay in the top flight ended this week but Dowie admitted the Clarets are likely to be in a much better position to bounce straight back than Hull.

"They'll go into the Championship with some players who people want to buy, they don't need to sell and they'll have a war chest. That might not be the case here," he said.

Meanwhile, a report on Thursday morning claimed that if Hull were to go into administration before the end of the season they could avoid a 10-point deduction for next season because of a difference in insolvency policies between the Premier League and the Football League.

However, it is not thought to be something the Tigers are considering taking advantage of, and Dowie added: "I'm certainly not aware of that ruling. It's an unusual one."

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Andy Dawson
Stephen Hunt
Premier League
Steve Bruce
Kevin Kilbane
Hull City
Stephen Hunt

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