Hunt joined Hull for an undisclosed fee in August 2009

Hull winger Stephen Hunt expects to leave the KC Stadium in the summer.

The Tigers, who have debts of £35m and face tough financial restructuring, are preparing for life in the Championship.

Hunt, one of the club's top earners, struck an agreement with chairman Adam Pearson that he could leave if Hull failed to stay in the Premier League.

"If we'd stayed up I'd have been happy to stay but we're not in the Premier League now and they may need to sell me", he told the Herald's website.

During the January transfer window the Tigers rejected a £5m bid from Wolves for the 28-year-old Republic of Ireland international, whose contract runs until 2013.

"If I do move on, it will be with a clear conscience. In January we had an agreement that they would sell me due to the financial situation that would arise from relegation," he added.

"The chairman [Adam Pearson] has been very good to me. He said once I gave my all for Hull he'd have no problem in honouring that agreement for me to go. I have done that, I have done well for Hull.

"Unfortunately, I haven't delivered as much as I'd like because we've been relegated."

Hunt, who is currently recovering from a foot injury that is likely to rule him out for the whole of the summer, believes Hull would be prepared to accept an offer of less than £5m this time around.

606: DEBATE How do you think Hull will cope with relegation?

"The club say they will be willing to sell me at a reduction of the price they'd have got for me in January," he stated.

"I have no idea what that reduction will be and if a club will come up with the money. All I can do is concentrate on getting fit and see what happens."

Wolves are once again said to be interested in securing Hunt's services, along with Newcastle and West Brom, who will both be returning to the top flight next season.

Hull's precarious financial position means that they will almost certainly have to offload their top earners with the likes of Hunt, Jimmy Bullard, captain George Boateng, Jan Vennegoor of Hesselink and Giovanni among those most likely to leave.

The club had to issue a statement at the end of April saying there were "no plans... to enter into any form of insolvency process", after rumours it could be forced into administration.

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