Hull City avoided the points drop by selling Ivor Pandur and Aidan Shea

Hull City have abandoned the threat of relegation in the Premier League by selling goalkeeper Ivor Pandur and midfielder Aidan Shea just hours before the deadline on Tuesday.

The Tigers returned to the top flight with a 1-0 win over Middlesbrough. Championship playoff final With proven assets reaching £200m in May.

But the profit and sustainability regulations (PSR) have created a situation where the club, which is set to receive a large amount of money, had no choice but to sell players before the end of the accounting period on June 30.

The EFL PSR capped Championship clubs losing £39m over three years. Hull have almost £6m to spend until 2025-26.

The club was facing away. It is reduced to six points If they can’t close the gap in the Premier League.

Only profit on transfers is counted towards PSR calculation.

On Tuesday night, Hull announced the sale of first-choice keeper Pandur to Rangers for £6m.

In the year The 26-year-old, who made a £1.5m move from Fortuna Sittard in January 2024, won three club player of the year awards in 2024-25.

On Wednesday morning, Hal Shehu confirmed his sale to Panathinaikos for £2.5m.

The sale of the 19-year-old – who was signed from Southend United two years ago for a small compensation figure – is an effective surplus for Hull’s PSR calculations.

The Albania under-21 international has yet to make a first-team appearance for Hull and spent the end of last season on loan at Scarborough Athletic.

The two deals equate to profits of around £7m.

Hull were expected to sell Kyle Joseph to Middlesbrough for £5m to clear the deficit, but the tussle between the clubs failed to end before the end of the season.

PSR concerns have prevented Hull from making any new signings ahead of the new season.

Transfer activity will now increase from Wednesday when the new accounting period begins.

It is being replaced by a new system called PSR. The squad cost ratio (SCR).

Instead of assessing losses over a three-year period, it allows clubs to spend 85 per cent of the revenue they generate on their teams and is reviewed annually.