Quite possibly, but it's an interesting/strange one. I don't know the mechanics of how they've done it because I've never been interested enough to buy a set of the accounts, but I've always suspected that it would simply be some kind of (re)valuation reserve on the other side of the balance sheet (mainly because I just can't see how it could justifiably be put through the P&L as a form of income). The article suggests it may have been done just to increase the balance sheet total for a selling price, which could fit in with that.

Pearson's comment isn't really consistent with that though, IMO. The only reason I can think of for the reduction being done over time is to smooth out an effect on profits, if it was just a corresponding reduction of a reserve I don't see a major reason why it wouldn't just be done all at once.

Is there anyone on here who (actually, genuinely, factually, not just 'having a wild stab in the dark') knows?

Did you How much do rovers owe then? The begging bowl came allams way last season,but doubt he will be so generous again this year.Where will hudg turn to then? Administration?

Nice trip to Wembley would be just the ticket.

In adam we trust

Only time will tell, last year people were saying "in James Rule I trust"

Don't include me in that gang

I think this is only a story in regard to how it shows just what the last regime was all about.
When everyone was singing JR's praises for his excellent marketing I always thought that it was true but only in so far as he was clever at spinning how all the management team cared about the club whereas they were only ever really interested in lining their pockets at the expense of the long suffering supporters.
This news just confirms that once they’d killed the golden goose that was it, they were off as the club held no interest once it had been milked dry.
I think the AP angle is solely a PR exercise. There’s no way he didn’t know the situation was like this when he bought the club and it would be a hard road back. This release is just another nudge to all those who have not renewed season passes that they owe him some support and to get their hands in their pockets.

because youve lost 300 grand does that mean hull have to sell players to recoup the money or will pearson have to put in 300 of his own money

Only at hull FC could losing 300 grand with more to come be a good thing. You've all spent ages telling us what a magnificent profitable organisation you are.

Seems it was all built on sand foundations

Whoopsie

Most of the dobbin comments on this thread are absolute Comedy Gold
It never fails to amaze me how stupid some of them are