This must be good news, but I want wait till the press conference at 10:00 before making any firm judgement . As yet we don't know board wise who's going to be charge, will Kath be still involved, I have always felt with her husband at Leeds and her as chair over us, that has held the club back, so a clean break and new ideas has to be good . Reserving judgement but keeping the Faith.

If Pearson is acting independently it sounds great news. The bloke will have a pretty good idea what the club is all about surely.

you can doff your cap if you wish, I remember these people didn't invest in Hull FC and were given the club for nothing, in fact, were given the club to save their own investment in Gateshead.

they have made no losses if they have sold for £3m, FC would be here, with, or without them.

Don't forget her car with the R4INOS number plate......

It was rumoured at Ferriby on tuesday that Adam was looking for a way out of City, but nothing was mentioned about FC.

Also, not sure who mentioned it but it was Duffen in charge at City when Jimmy signed in January 09, Pearson came back in about October 09.

I'd be pleased to see him take over at FC, and don't believe the Allams would have any involvement with the takeover.

Pearson is a buisnessman and will know Rugby League does not make a good buisness. Even with greater success on the field it will not lead to great profits, the only way i see this as a possative is if he has fallen out with the Allams and wants to prove a point. Having talked to Pearson in the past i fear there will be another motive for this move.

it was me, thanks for clarifying

Just get the feeling this statement at 10am is going too say there has been no bid and the club isn't for sale.

they wouldn't call a press conference for that, they would just release a statement.

I am hoping they say. Pearson is the new sole owner, the old board have done one, Agar has resigned and took his coaching team with him, Nobby is the new coach, & Rule agreed to stay (he has done a good job)...

The only 2 scenarios I can see are that he's either directly acting for allam and it's a long term acquisition to give him total control of the KC or pearson sees the strategic importance of Hull FC in allam's long term objectives and sees securing the club for £3m or so now as a fairly easy way to make some cash by selling it to allam at some time in the future.

Many years of dealing with people in business has taught me to trust no one

hold on people, I am hearing that it isn't a "Press Conference" but a "Statement", in which case, as you were (ie:disilusioned ala pre 06:30)

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that's why I said what I said

It all fits together now, the rumours about Rule looking for employment elsewhere. He will have been aware of these developments and would anticipate Adam Pearson wanting to run the club as Chairman or CEO.