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Hull City Win Promotion to the English Premier League
By Drew Farmer - May 31, 2016
Hull City won promotion to the top tier of English football, the English Premier League, with a 1-0 victory over Sheffield Wednesday in the English Championship Playoff final. Mohamed Diame’s wonder goal put the Tigers back in the top-flight one year after being relegated from the English Premier League.
The biggest money game in football
With promotion estimated to net the winner of the Championship Playoff well over £100 million, both Hull City and Sheffield Wednesday came into the fixture with everything to gain and just as much to miss out on.
The final, played at Wembley Stadium in London, was a cagey affair. Too often Sheffield Wednesday looked afraid of making mistakes, most likely do to their 16-year exile from the English Premier League.
With the match sadly scoreless late in the second half, Hull City’s Robert Snodgrass laid a pass off to Diame. The Senegalese attacker took one touch before curling a 25-yard shot past Sheffield Wednesday goalkeeper Keiren Westwood. The goal came out of nowhere and Diame’s split second of magic completely shocked all Sheffield Wednesday players and. It was a moment the Owls never recovered from as Hull City return to the English Premier League.
Back in the big time
Hull City only spent 370 days outside of the English Premier League and, like Burnley, return to the top-flight after only one season away. Unlike Sheffield Wednesday, Hull City were able to hold their nerve in the playoff final, and despite the early tension, did what was needed to gain promotion.
Hull City are currently for sale and, predictably, new interest could spawn from their promotion back to the English Premier League. Despite promotion, manager Steve Bruce said he would deliberately reconsider his future before committing to another season with the club. Bruce has been with Hull City since 2012.
Poor Sheffield Wednesday
Sheffield Wednesday will remain in the English Championship for yet another season. Next season will mark the Owls’ 17th consecutive term in the second division. Sheffield Wednesday finished sixth in the English Championship in 2015-16, five points ahead of nearest rivals Ipswich Town. The 2015-16 season was Sheffield Wednesday’s best in the English Championship since 2006-07 when the club finished ninth.
The Owls were last relegated from the English Premier League in 2000 after spending eight consecutive seasons in the top-flight. During Sheffield Wednesday’s exile from the top of the English game, the club have also spent several years in the third division, too. Most recently, Sheffield Wednesday won promotion into the English Championship from League One in May 2012.
How to Get Rich or Die Trying
According to Deloitte’s Sports Business Group, promotion will earn Hull City around £110m. Interestingly, Sheffield Wednesday would have netted £170m if the club had topped the Tigers. Much of the financial reward is due to the television revenue from the contract rights agreed last year. It is expected that Hull City could earn around £290m next season. That figure rests on the Tigers’ ability to stave off relegation in their return to the English Premier League.
Deloitte’s also reported that Sheffield Wednesday’s last season in the English Premier League only “generated £18m” in revenue. That figure shows the current disparity in the modern game and the English Premier League in 2000.
Estimated Worth of Promotion
The price of promotion from the playoff final has more than quadrupled in the last ten years. In 2006, the playoff final winner received £40m, however, the price has increased nearly every year since.
What are the chances of Hull City fans utilising online sportsbook no deposit bonus options to wager on their favourite team's success in the English Premier League? Pretty good, actually. Hull City will now be able to use their £110m to restructure a squad that finished fourth in the English Championship. Despite having several good players, Hull City still have numerous holdovers from the squad that got relegated last May. A solid transfer window this summer and the club could see their £110m soar to nearly £300m this time next year.