Quote ="Michigan red"Does the Hull situation not constitute them breaking the salary cap rules?. Are clubs not only entitled to spend an amount relative to what they generate?, now if Hull are £3,000,000 in the red they surely must be recruiting and paying players with money they have not got and there fore breaching the salary cap.'"
They probably simply consider the money that the board pump in (technically as loans) as part of the income. In their defence, they are one of the few clubs that has actually spend their own money on improving the ground.