Although I reserve my judgement at present if Ellam had wanted it he would have bought it, in my opinion.
Folks will be suspitious but if it happens then we have an owner who has never done a single disshonourable act in all the years he has been in the City. We love our club so have to be concerned with his ties to the Allams but James Rule has built a sports club that is actually in the black and a good prospect all we need now is some success on the field and a ruthless approach to what goes on, on the field, Pearson has those qualities. He probabaly realises that with a strong attractive winning team we can match City's gates with a fraction of the overheads. If this happens he has to come out with a strong (un fuzzy) statement of intent and address those concerns if he is to get off on the right foot with the fans. We don't know the facts yet but the press will be digging for news today I just hope this announcement doesn't scupper the deal before it gets off the ground.
In the mean time I reserve my judgement.