I take what I read on Facebook with a pinch of salt, but if Myler has gone then the investment has gone and well it's another nail in this clubs coffin. We will have a slow death with Pearson penny pinching

I think Pearson will still be in charge regardless but if someone buys a small stake in the club it might be enough to hopefully allow it to be ran properly without the shackles again, he didn’t get everything right but pre 2020 I think we were always ambitious.

If you missed it a couple of posts ago someone has debunked this latest Facebook rumour anyway. I never take anything as gospel with this club but I’m sure if the investment wasn’t progressing I’m certain AP would have been out trying to put a positive spin on the situation at the club. The fact he hasn’t I’d read into it that things are progressing and we are bound to non disclosure agreements until everything is official.

Agree, silence is likely golden but as ive already stated I'm renewing with a penniless Pearson and his iffy hiring history

Your all feckin eejits for even commenting on an effing Facebook post

The guy on FB even admitted that he had made the rumour up

As others have said, the FB post was debunked and by the actual poster no less. Said that Myler was gone, the investor had withdrawn and Pearson was penniless so there was only going to be one Hull team going forward. Then proceeded to comment that it was being aimed at those slagging the club off. Guess he was trying to suggest that things could be worse? But a lot only saw the actual post and not his comment so the rumour started to spread.

I'm starting to wonder if Myler is deliberately keeping communications from the club to a minimum so that when it's taken over it'll almost be a like a new dawn for the club where a total reset will occur in all aspects of the way the club operates which will clearly show the difference between the old and new regimes - or that's what I'm hoping. I say that because there is no way the club could be so appalling on the field, off the field and in every other way imaginable

Hope it happens, you only have to look at Saints recent losses to know that clubs could be in serous trouble long term without someone putting money in.

It is pretty dismal reading to see clubs posting massive loses, luckily for saints they have an owner with plenty of money and is a genuine Saints fan, likewise with Wigan, Rovers, Wire, Huddersfield etc.

It has to be accepted that it is near on impossible to run a Super League club at a profit in this current climate.

According to AP, we are self sufficient .

Very worrying news about Saints losses, they own their own stadium and have gone all the way to the finals in most years.

I give this league 5 years before it goes part time or worse. SKY have already managed to get more content for free they won't give us anything back.

In the Humberside interview he I’m sure he said that he believes that Hull and Leeds are the two clubs that ‘could’ be self sufficient.

Obviously we haven’t been self sufficient since 2020 at least maybe longer but it was with the caveat that we would need a team performing well on the pitch and getting 13-15K crowds. We are a million miles away off being self sufficient at the moment.

I think the lack of communication is just because they obviously can’t discuss anything about the investment until it’s finalised. Like I said on the shopping list thread, I don’t think it will be a total reset because I don’t think it will be a takeover I doubt we’ll have a complete new ownership. In the interviews he’s made I don’t get the impression AP is going.

A ‘capital injection’ is how AP described it, in exchange for what I have no idea. A few years ago I’d have been skeptical of something like that, but it really is do or die for the club now we need something even it is a roll of the dice. As others have said, well performing clubs can’t balance the books in this climate, we have no chance unless something changes.

If AP told me that the grass outside was green i'd go out and check with the way things are at the moment.

It was interesting to read in that article about Saints finances that McManus said he was expecting losses to be higher this/next year due to paying back the covid loans.
If that is the case and they haven't even started paying them back yet then I assume AP has just gone all out to clear them as fast as possible.