Hull City owner Acun Ilicali has revealed the club have a £200m transfer budget to spend this summer.

The Tigers achieved promotion to the Premier League after defeating Middlesbrough in the play-off final, where Oli McBurnie scored a stoppage-time winner in a 1-0 victory at Wembley Stadium.

Hull are now preparing for their first season in the English top-flight since 2016-17, with their main goal to stay up in the division.

They have only made one signing so far, with goalkeeper Jack Butland joining for a reported £3m from Rangers, while Ivor Pandur went the other way for £6m.

Hull fans can now expect plenty more deals to be done this summer, with £130m of their £200m set to be spent on transfer fees.

"I would say that the total budget will be around £200m approximately, with £130m for transfer fees and £70m or £80m for salaries," Ilicali told Sky Sports News.

"We know how hard it is. We have the lowest chance of surviving in the Premier League, which is normal, but last year we were considered for relegation and this year we are again. Nothing has changed too much.

"We are working so many hours together to try and make this team as strong as possible to survive."

Hull are currently linked with the likes of Eintracht Frankfurt's Junior Dina Ebimbe, Lorient's Arthur Acom and Mjallby's Elliot Stroud, who represented Sweden at the World Cup.

Their first match back in the Premier League is a home game against Manchester United on August 22.