Hull owner Assem Allam claims he will give the club away for nothing if he cannot sell or win an appeal over his controversial 'Tigers' rebrand.
The outspoken Egyptian made a rare appearance in front of the media on Thursday to address growing speculation over his future and made a number of revelations.
First he announced that the club had been on the market since April 10 - less than a day after the Football Association Council rejected his proposal to rename the team Hull Tigers.
Secondly, the 75-year-old confirmed he had taken the matter to the Court of Arbitration for Sport and hoped to have the verdict overturned.
Then, midway through a dizzying 45-minute press conference littered with obscure metaphors, he was asked what he would do if he could not find a buyer or persuade CAS to back his name change.
Assem Allam: "Give it away.
"Out means I'm out. Have I ever said something and gone back on it?
"I am a man of principles. Money doesn't come into it."
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