This website uses cookies (view our policy)  or  accept and close.
2015 Season Passes 10 reason to buy
Image Copyright: Hull FC Super League Ltd.

ADAM PEARSON ON TAKEOVER

By James Clark | 22/07/2011
Hull FC’s new owner Adam Pearson has issued the following statement following the take over of the club.

“I would like to express my pleasure at completing the acquisition of Hull FC today and thank the outgoing board under Kath Hetherington and the RFL for the professional and confidential manner in which they handled this change of ownership.

I have now purchased the entire shareholding of Hull FC and will be investing further funds into the club in order to ensure it can now kick on and develop into one of the very strongest Super League clubs.

Hull FC has a strong tradition in the game and now needs to progress and develop into a major force in the domestic and international game.

The previous owners have done a fine job initially stabilising and then progressing the club and brand of Hull FC over the last decade.

Everyone connected to the deal felt the time was right for Hull FC to change ownership and therefore reinvigorate the development and progress of the club. The foundations are in place for a top Super League operation and with additional investment and new initiatives then I believe we can take Hull FC to its rightful place alongside the very strongest Super League clubs.

I have been running sports clubs, Hull City in particular, long enough to know and understand what I don't know! Therefore the Executive board at Hull FC will remain in place to maintain the specific expertise needed to develop a consistently successful club. They have been led by James Rule and have done an excellent job rebuilding the club and ensuring financial stability. James will remain in charge of our club as Chief Executive and continue to be completely responsible for the new era of development at the KC stadium.

We will be seeing a new era of unity in sport in Hull and I intend to work in harmony with the other sporting clubs in the city. I fully understand the intense rivalry with Hull KR, we want to beat them but we want to do so with a bit of mutual respect. Likewise we are looking forward to an era of constructive partnership with our partners at the KC stadium. What the Allam family have done for Hull City I will attempt to replicate at Hull FC with strong financial management and investment. I first tried to purchase Hull FC as far back as 2002 but could not agree a deal, so I am well aware of its potential and size in the game.

Hull FC has one major financial challenge to overcome from what has been a very well run era over the last 10 years. That challenge is the legacy of EBT payments to players which was prohibited by changes in government legislation in late 2010.This has left the club with a very significant potential tax liability which I will have to examine in detail over the coming months and find a solution for. This aside the club is in good shape and ready to drive forward in its ambition to become a leading Super League power.

Of course it will be a new challenge for myself and I will be maintaining my role in Hull City and football generally. However, I have not invested significant sums in the purchase of Hull FC to see the club stand still. Under the direction of James Rule and supported by Finance Director Tony Sutton and Community and Marketing Director Jon Flatman the club will be entering a new era in which I believe we can deliver significant success to a great Super League club. This City thrives on sporting success and I intend to ensure Hull FC provides this to its loyal supporters over the coming years.

It would be great to start the new era with a packed house on Sunday against Leeds and finally end their winning run against us. It wont be easy to turn the tide but with some real desire and your best Hull support we can start to believe with confidence again.”
Story Sponsor:
skills network story ad

Club News

FAITHFUL 13 BEGINNING TO TAKE SHAPE

30/10/2014
Don't forget Faithful, you can vote for your ultimate Black and Whites 13 as part of the HULLFC150 celebrations ahead of next year's exciting milestone for the club.

GRAB THE LAST REMAINING FANS FORUM TICKETS

29/10/2014
The Hull FC end of season Fans Forum in association with FC Voices is now less than one week away with tickets all but sold out for the event - Secure the last remaining seats now!

ENGLAND TO HONOUR RORKE'S DRIFT HEROES WITH JERSEY

27/10/2014
England will pay a special tribute to the most heroic performance in the history of international Rugby League when they play Australia in the 2014 Four Nations in Melbourne on Sunday.
clubhull
FC Live website

Official Sponsors

Sponsors

Contact Us

KC Stadium
West Park, Hull, HU3 6HU
Tel: 01482 327200
Fax: 01482 587002
Ticket Office: 01482 505 600
Email: info@hullfc.com
© 2014 Hull FC. All rights reserved.
Data managed and maintained by Bill Dalton (honorary club historian)
Designed By West120, developed and powered by Sportradar