EFL Championship side Hull City AFC has been purchased by Turkish production company Acun Medya Group, for a fee in the reported region of $37 million AUD.
Acun Ilicali, a 52-year-old businessman and owner of Acun Medya Group, was introduced to fans at the MKM Stadium prior to the club’s 2-0 win at home over Blackburn Rovers.
The takeover brings the controversial ownership of the Allam family to an end, much to the delight of fans after a roller coaster 11 years in charge.
Despite overseeing two promotions to the Premier League, an FA Cup Final and Hull’s first-ever foray into a European competition through the UEFA Europa League in 2014, the Allam family became increasingly unpopular with the fans.
The unpopularity of the Allam family is due to many different reasons, however it all started when the family proposed a name change to ‘Hull Tigers’ back in 2013. The move was ultimately blocked by authorities a year later, which frustrated the Allams and they then put the club up for sale, straining the relationship with fans and seeing a decline in attendances at home fixtures.
The new ownership will look to win back supporters and turn the negative tide.
Acun Medya Group Owner, Acun Ilicali:
“I am happy that I have fulfilled one of my biggest dreams. We are starting a beautiful journey with Hull City. We have many big dreams and goals to achieve together with our fans,” he said.
Outgoing Vice-Chairman Ehab Allam:
“During our tenure, we have worked hard to create a sustainable model and successful academy set-up, giving the club the foundations it needs for the future,” he said.
“There have been lots of ups and downs over the last 11 years or so, but we will take some very fond memories with us… We have taken a very business-led approach to running the club and I truly hope Acun can rebuild the relationship with the fanbase and also bring back the success on the pitch that fans crave and deserve.”