Failed Hull City takeover has turned out to be huge blessing in disguise

The article suggests that Hull City might have dodged a bullet by not being taken over by Dai Yongge back in 2017. The failed takeover bid, which reportedly fell through due to the Premier League Fit and Proper Person test, led to Acun Ilicali taking over the club in January 2022. Under Ilicali’s ownership, Hull City has experienced a positive transformation, with the team currently in the playoff picture in the Championship.

Dai Yongge and his sister, Dai Xiu Li, expressed their desire to acquire Hull City in 2016, but the Premier League did not approve the takeover bid. Since then, Yongge has been involved with Reading FC, where his management has faced numerous challenges. Reading experienced relegation to League One after a series of off-field issues, including points deductions for breaching financial rules and failing to pay players on time.

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The article suggests that Hull City fans might now be relieved that the club did not end up under Yongge’s ownership, given the difficulties faced by Reading under his management. It highlights the contrast between Hull’s current positive situation under Acun Ilicali and the struggles faced by Reading, implying that the Tigers may have made a fortunate escape from potential issues with Yongge as the owner.

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