Hull City have confirmed Acun Ilicali as their new owner, ending 11 years under the Allam family.

The Turkish show-business personality, thought to be worth more than £70million, is the founder of Acun Medya Group - a popular media company across the globe.

Tonight will not be Ilicali's first Hull game - he watched the Tigers take Everton to extra-time in the FA Cup

A lengthy process, which began in June 2021, ended on Wednesday as the Championship club confirmed the 52-year-old has seized control with immediate efffect.

A statement read: "Hull City can confirm that Acun Medya has completed the purchase of the football club.

"The acquisition has been approved and ratified by the English Football League and sees Acun Medya take full control of the club with immediate effect."

It added: "The club would like to wish former chairman Assem Allam, vice-chairman Ehab Allam and family well for the future."

The news will be met with delight from Tigers fans, who have been keen for a change of ownership for many years, with plenty of near misses along the way.

Despite two Premier League promotions and an FA Cup final under the Allams' stewardship, the family twice tried to change the club's name and fortunes have dwindled in recent years.

Assem Allam departs his role as club chairman

Ehab Allam, departing vice-chairman, said: "The time has now come for a new owner to take up the mantle and I'd like to wish Acun and his team the very best for the future.

"We have taken a very business-led approach to running the club and I truly hope Acun can rebuild the relationship with the fanbase and also bring back the success on the pitch that fans crave and deserve."

Ilicali will be in attendance for the rearranged fixture against Blackburn at the MKM Stadium on Wednesday night as Hull look to end a run of six games without a win.

The Turk said: "I am happy that I have fulfilled one of my biggest dreams today. We are starting a beautiful journey with Hull City.

"We have many big dreams and goals to achieve together with our fans. I would like to thank the Allam family for the friendship and sincerity they have shown during this process.

"I genuinely believe that we will achieve success with the amazing fans of this beautiful city."