After being relegated from the Barclays Premier League and faced with debts of over £35m, Hull City have decided to let go of their top earning players as they prepare to restructure their finances. As a result, Republic of Ireland international midfielder Stephen Hunt may well be heading out of the club in the summer. Hunt had struck an agreement with chairman Adam Pearson that he could leave if Hull failed to stay in the Premier League. Hunt had joined Hull from Reading in August 2009 for an undisclosed fee.
During the January transfer window, Hull had rejected a bid of £5m from Wolves for Hunt, whose contract runs at the club till 2013. Wolves will be leading the chasing pack for Hunt. Also interested in the services of the tenacious midfielder are West Brom and Newcastle, both of whom would be playing in the top division next year. Hunt, who is out with an injury till the end of the season scored six times for Hull in 27 appaearances including a goal against Chelsea at Stamford Bridge on the opening day.
Hull’s precarious financial situation means that they will have to let go of many of their key assets including Jimmy Bullard, George Boateng, Jan Vennegoor of Hesselink and Geovanni.
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