Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Hull City FC boardroom restructuring continues

Thu 27th May 2010 | Clubs Ownership

Director Martin Walker has stepped down from his non-executive position at Hull City Football Club as they make further changes at boardroom level as part of a continued shake-up of the relegated club according to the BBC.

This follows recent moves to install owner Russell Bartlett as chairman and former chairman Adam Pearson as Head of Football Operations.

Walker will continue in his role as director of the Stadium Management Company (SMC) which manages the lease on the KC Stadium.

Other recent changes have seen the club add insolvency expert Mark Fry to help restructure the club's debt which is in the region of £40m.

The club also remain hopeful of reaching settlement with ex-manager Phil Brown who has been on gardening leave since mid-March but he and the club were unable to agree a suitable pay-off when the parties met two weeks ago.

It is understood the initial offer was in the region of £500k but it is believed the man who led club to the Premier League for the first time in their history is holding out for more.

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Don’t forget to subscribe to F.C. Business Magazine to keep up to date with the latest comment from the football world. Click here to subscribe

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Southampton Secures Chinese Investment Partners

Mon 14th Aug 2017 | Clubs Ownership

Southampton Football Club has announced the formal conclusion of talks which will see Chinese businessman Mr Jisheng Gao take a stake in the Premier League club. In a letter to fans issued on Monday...

Altrincham FC Seek New Investment

Thu 13th Jul 2017 | Clubs Ownership

At a recent Extraordinary General Meeting, the shareholders of Altrincham Football Club passed a series of motions which will now allow the club to bring in new investors. A new controlling share in...

Hartlepool United Announced Club Restructure

Wed 28th Jun 2017 | Clubs Ownership

Hartlepool United Chairman, Pam Duxbury has announced the first phase of the club’s restructure following relegation to the National League and subsequent resignation of Gary Coxall. Coxall...

Chinese company 5USport buy stake in Northampton Town

Mon 26th Jun 2017 | Clubs Ownership

Northampton Town Football Club have announced a new partnership with 5USport, a Sports Development and Education Company based in Guangzhou, China. As part of this partnership and following approval...