The Professional Footballers' Association say Hull's players are willing to help the financially stricken club by agreeing to defer wages over the summer.
The Tigers' head of football operations Adam Pearson has put a proposal to the playing squad which would see them pass up a proportion of their salary - thought to be 30% - in the short term on the understanding they would be fully repaid once the club's finances are back on a more even keel.
Those players whose contracts contain wage cuts based on relegation have also been asked to bring those reductions forward from the end of June.
PFA deputy chief executive John Bramhall told Press Association Sport: "It is out there that the club have made that request and that process is ongoing as we speak.
"The players are broadly in favour of looking to help and support the club moving forward. Within the principle of that request, the players are looking to see if they can work with the club on that basis."
The PFA are now awaiting full details of the East Yorkshire club's financial situation to determine the likely timescale of any deferment, and how soon the shortfall would be made up, before formulating their advice to the players.
Hull have debts of around £35million and, following their relegation from the Premier League, are seeking to ease the burden by reducing their £38.9million wage bill to somewhere in the region of £15m by the start of their Championship campaign.
Chairman Russell Bartlett claims the figure will automatically fall to £21m on June 30, when some contracts and loan deals end and any wage cut clauses come into effect.
Those out of contract include high-earning midfielder George Boateng and on-loan USA striker Jozy Altidore, while full-back Bernard Mendy revealed earlier this month that he can leave on a free transfer due to a clause in his reported £25,000-per-week deal - and is keen to do so.
Bramhall added: "We're awaiting full clarification of the figures and those are on their way. We've spoken to all the players, we're now fully aware of the situation with regards to contracts etc, it's just the financial details from the club that we're waiting for. Once we have all the information we can better advise the players on this situation.
"In many situations in the past where clubs have been in similar financial positions, the players have been prepared to work with the club and move forward and if it's a justifiable case, then the PFA would support them in that.
"We're dealing with Adam and we're in regular contact with him and moving forward on that basis. When we look at the club's finances we'll be in a better position to assess (timescale), that's going to form part of the discussions.
"As soon as we get the information, we'll be in contact with the players, so that's going to be happening over the next few days."
Those players whose contracts contain wage cuts based on relegation have also been asked to bring those reductions forward from the end of June.
PFA deputy chief executive John Bramhall told Press Association Sport: "It is out there that the club have made that request and that process is ongoing as we speak.
"The players are broadly in favour of looking to help and support the club moving forward. Within the principle of that request, the players are looking to see if they can work with the club on that basis."
The PFA are now awaiting full details of the East Yorkshire club's financial situation to determine the likely timescale of any deferment, and how soon the shortfall would be made up, before formulating their advice to the players.
Hull have debts of around £35million and, following their relegation from the Premier League, are seeking to ease the burden by reducing their £38.9million wage bill to somewhere in the region of £15m by the start of their Championship campaign.
Chairman Russell Bartlett claims the figure will automatically fall to £21m on June 30, when some contracts and loan deals end and any wage cut clauses come into effect.
Those out of contract include high-earning midfielder George Boateng and on-loan USA striker Jozy Altidore, while full-back Bernard Mendy revealed earlier this month that he can leave on a free transfer due to a clause in his reported £25,000-per-week deal - and is keen to do so.
Bramhall added: "We're awaiting full clarification of the figures and those are on their way. We've spoken to all the players, we're now fully aware of the situation with regards to contracts etc, it's just the financial details from the club that we're waiting for. Once we have all the information we can better advise the players on this situation.
"In many situations in the past where clubs have been in similar financial positions, the players have been prepared to work with the club and move forward and if it's a justifiable case, then the PFA would support them in that.
"We're dealing with Adam and we're in regular contact with him and moving forward on that basis. When we look at the club's finances we'll be in a better position to assess (timescale), that's going to form part of the discussions.
"As soon as we get the information, we'll be in contact with the players, so that's going to be happening over the next few days."
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