Hull City fire sale imminent - Keith Wyness drops points deduction verdict

Hull City are likely to be able to avoid breaching the Premier League's PSR rules as the end-of-June deadline approaches.

That is according to former Everton chief executive Keith Wyness, speaking exclusively to Football Insider, who is "confident" that the Tigers can avoid being hit with a sanction.

The newly-promoted side are in line to overspend by £6million at the moment, but have until the end of June to compensate for that through player sales.

Wyness has also outlined that the East Yorkshire outfit could extend their accounting period by a further month, giving them until the end of July to balance out the issue.

Hull are facing the threat of a potential points deduction if they cannot iron out the issue, which would deal a big blow to their survival hopes before a ball is kicked.

Several of the Tigers' senior players are attracting interest at the moment, which could provide a clear route to alleviating the issues.

Keith Wyness: Hull could replicate Chelsea PSR trick

Everton’s former chief Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – believes that Hull could look to replicate Chelsea's feats to avoid a breach of the financial rules.

The Blues have hit the headlines in recent years for selling a hotel at Stamford Bridge and their women's team to a sister company, in order to create further space for spending.

Speaking on the latest edition of Football Insider's Inside Track podcast, Wyness has made it clear that Hull could take that route to overcome their problem.

"There's a couple of things that they can still do. They've got to the end of June to be able to sell players and get this fixed. And even then, they could still extend their accounting period by another month," he said.

"So that could give them all of July. So they've got time to actually sell either assets to themselves or something along the Chelsea hotel line or actually selling players.

"That gives you the options to try and do it, and I'm pretty sure they'll come up with a solution to avoid being in breach, because it's going to be a pretty crucial factor for them next season.

"It's just who they have to sell is going to be the big question mark, or how else can they cover this breach by selling internal assets. So there'll be an answer to this, and I'm pretty confident that Hull will get this fixed."

How many points could Hull be deducted?

Former Manchester City financial advisor Stefan Borson recently told Football Insider that Hull shoudn't be concerned about the threat of a six-point deduction.

Recent reports have suggested that the Tigers could face a hefty deduction if they breach the regulations, but Borson does not believe that is likely to occur.

The football finance expert has instead suggested that they would likely only be looking at a deduction of one or two points if they cannot address the issue.

Teams don't have to send their final accounts to the Premier League until December, meaning Hull wouldn't officially receive a deduction until the second half of the season at least.