That worries me too, given his looney tunes approach in the recent past.

First thoughts when I read this news was, yes great. I always thought he did okay at City and they seemed to be a stable club and he always wanted Rl at the KC.

The allams connections fills me with dread, if he is sole owner and he truely wants Hull Fc for the right reasons, ie he see's real potentional that we all can see then I will be over the moon.

Press conference will be interesting so at the moment I am on the fence, just not sure.

I'm with Jake on this one and fear the worst. I really hope I'm wrong but at the moment all I can see is the Allam master plan. I like Pearson and listening to him he always seems to speak sense but at the moment he is just Allams front man and it worries the life out of me.

Sometimes you've gotta be careful what you wish for and I get the feeling that this is one of those times.

I don't think he has a financial stake anymore, maybe he feels a bit surplus to requirements, one thing is for certain, AP will not be as secretive and aloof as the present board.

Is the press conference on the radio, does anyone know?

I think once 10.00am arrives we'll know things are a lot clearer.
I am personally amazed this morning, waking up to this news. Obviously concerned with regards to Allams involvement within this situation but from what I am being told with a few others it is Pearson only.

Good times ahead for Hull FC

I once ask Adam Pearson at a City Forum if he was interested in Rugby, he gave an interesting answer, NO!

that is total garbage

Maybe the BOD will announce they have turned the offer down and we'll all love them again for saving us from the devil incarnate?

4 or 5 years ago a Pearson bid would have been far more agreeable. As things stand it seems like another of Allam's chess pieces has been moved. If AP opens with an unequivocal statement of support for Hull FC remaining independent and a club in its own right, with a cast iron long term lease at the KC to back that up, then maybe I will change my opinion. I'm one for trusting gut reaction and mine to this news is total suspicion.

For those who seem to want to talk down the current board's achievements I would remind them that without this board and the decisions they have made there probably wouldn't be a club any more. We have underachieved even with two CC finals and a grand final in the last decade, however we are also profitable and on a sound footing. A change of direction on the field, if it happens, will not be unwelcome, but don't slag the body of people who have ensured there is still a Hull FC club to support.

He's a businessman and can see the potential to make money from rugby though. He can see, I hope (as most of us can), that if you get the product right on the pitch, everything else falls into place and it will be trebles all round in the boardroom. Currently the board are living off our loyalty and past glories. Murmurs on here and elsewhere say to me that that ain't gonna continue, so either they do something about it or cut and run. It seems that the latter is the choice.

Think its just a statement Humberside have retracted the conferenec bit and replaced with statement

looks very likely, what i got told yesterday, is Pearson is becoming a little disallusioned (sp) with City, how true it is, iv no idea, also got told the players arent all happy with the takeover, this doesnt suprise me, they all must realise if this goes through, Agar is more or less out of a job!!
Like some on here, the only thing that concerns me is the Allams, but for now ill welcome the news, people on here have been calling for the board to sell, now people have got there wish, they dont want it!!