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Report: Hull City agree takeover deal by Far East consortium

The takeover of Premier League outfit Hull City by a Far East consortium for £130m has been agreed, according to reports.

A Far East consortium has agreed to take over Hull City for £130m, according to reports.

The Premier League club, owned by the Allam family, has been for sale since 2014.

The Hull Daily Mail suggests that a company called Greater China Professional Services Limited (GCPSL) has agreed a partnership with Camsing Global for the purchase of the Tigers.

Meanwhile, BBC Sport reports that a document filed to the Hong Kong stock exchange details a conditional agreement for a deal with the consortium.

Hull, promoted to the top flight via the playoffs last season, are 16th in the table after taking seven points from their opening eight games of the season.

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4Burnley146621761124
5West Bromwich AlbionWest Brom14572148622
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11Bristol City144731819-119
12Norwich CityNorwich144642320318
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16Oxford UnitedOxford Utd144551717017
17Coventry CityCoventry144371819-115
18Hull City143651518-315
19Luton TownLuton144371621-515
20Preston North EndPreston143651420-615
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