I'm in two minds with this news.
On the one hand we have a new owner and that will breath life back into a club that although making a profit has been struggling on the field for any success due to to reluctance of the BOD to invest in the coaching staff.
On the other I am a little unnervy purely down to the connection he has with Assem Allam.
However Assem Allam could quite easily have bought the club himself and would have enjjoyed the limelight of anniouncing he had bought it so I can't really Pearson buying it for him. Pearson has been involved with Nick Barmby in previous unsuccessful takeover bids so he may well be a part of Pearsons takeover this time around too, I hope so as we all know he is a big FC fan.
It could also be true that Pearson wants to leave Hull City and head this up on his own, if this is the case it can only be good. With the fansbase, merchandising etc this club could be a very good business with the lower operating costs compared to football. Pearson has always seemingly spoken openly and sensibly in the past regarding City, never ducking uncomfortable times and questions plus he turned them round from the perenial under achievers they were.
He was also I am led to beleive instrumental in getting International RL back to the KC stadium.
I am still wary but as long as we as fans are given some guarantee it is 100% free from any association from Assem Allam then I will be very happy about the news.