Newly promoted Premier League side Hull City has offloaded two players to comply with financial regulations and avert a potential points deduction. The club confirmed the transfer of Albanian midfielder Ajdin Shehu, just a day after parting ways with goalkeeper Ivor Pandur.
Shehu moved to Greek club Panathinaikos for £2.5 million, while Pandur was sold to Scottish giants Glasgow Rangers for £6 million.
The Tigers secured their promotion to the top flight after a dramatic playoff final victory over Middlesbrough in the Championship. Despite the significant revenue boost of approximately £200 million guaranteed by Premier League entry, the club faced the risk of breaching Profitability and Sustainability Rules (PSR). English Football League regulations permit a maximum loss of £39 million over a three-year period, with the accounting cycle concluding on June 30.
Crucially for financial fair play compliance, both transfers generated a profit. Pandur was acquired from Fortuna Sittard in 2024 for £1.5 million, and Shehu arrived from Southend United for a nominal fee.
Due to the restrictions imposed by PSR, Hull has yet to sign any new players as they prepare for their return to the top tier. The team will compete in the Premier League for the first time since their relegation in 2017.
Hull City will kick off their new season with a challenging home fixture against Manchester United on August 22.
The current Profitability and Sustainability Rules are set to be gradually replaced by a new system based on squad cost ratio. This new framework will allow clubs to spend up to 85% of their revenue on player-related expenses.