The newly promoted club had been linked with Claudio Pizarro of Chelsea, but were put off by his £50,000 a week wages. Speaking to the Daily Mail, Hull boss Phil Brown said: "It's going to be a busy week. The Marlon King situation is ongoing and we're still looking to strengthen."
It had initially been agreed that King would move for a fee of around £3 million but that move has broken down following his over-ambitious exit demands.
It is rumoured that King wanted a big pay off from the Latics despite his below par performances for the club.
But now, with both managers getting edgy ahead of the new campaign, a loan move has been agreed to allow King to move to Hull. A permenant move is likely to materialise by January.