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Hull's debts can be managed

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With Hull City holding an emergency board meeting today, chairman Adam Pearson has expressed confidence that the effectively relegated club's debts can be managed.   He is hopeful that a CVA can be agreed with creditors, although 75 per cent of them would have to sign up and there would still be a ten points deduction next season.   Of the £36m debt, £10m is classified as football debt with the rest owed to banks.


Let's hope for the sake of Hull fans that his confidence is not misplaced, although we have seen a few examples of whistling in the dark recently.