Source: Daily_Mail
Dowie to be named Hull boss after Hughes and Grant reject advances
Hull have called a press conference for 11am today when they are expected to unveil Iain Dowie as their new manager. [LNB]Hull chairman Adam Pearson went for the former QPR and Crystal Palace boss after Mark Hughes turned him down and Avram Grant underlined his wish to stay with Portsmouth. [LNB]Paul Jewell and Alan Curbishley also snubbed Pearson, who sacked Brown on Monday morning following Hull's weekend home defeat by Arsenal. [LNB]The former Northern Ireland striker's last job was as Alan Shearer's assistant at Newcastle, but the pair were unable to save them from relegation to the Championship.[LNB] Pearson, who sacked Brown on Monday morning following Hull's weekend home defeat to Arsenal, also rejected advances from the likes of Terry Venables, Gareth Southgate and Peter Reid who were all among the leading candidates.[LNB] Portsmouth manager Avram Grant[LNB]Iain Dowie and Alan Shearer[LNB] Pearson said: 'We feel that we've got a quarter of the season to go with some winnable games within that. [LNB]'It's not a fixture list that's packed full of 'top four' games, it's a fixture list with games where we would expect to get some points. [LNB]'We feel that we're best served by making the change now. That will bring a fresh face in, some new impetus and some new focus to get those 14 or 15 points that we're going to need.' [LNB] [LNB]Meanwhile Pearson has managed to reduce City's bank debt from more than £15million to £4.6m since returning to the club last year. [LNB]However, the Tigers will still face a funding shortfall of £21m should they lose their Premier League status, auditors have again warned. [LNB]Details of the club's present financial position were revealed in the latest set of filed accounts to Companies House. [LNB]They made nearly £2m operating profit in the year of their first top-flight campaign but ended the financial period with bank debts of more than £15m. [LNB]That was a figure Pearson immediately stressed had to be reduced when he returned to the club and he has done just that, making a series of repayments, initially of £7m and most recently of £2m in both January and February, to reduce debt to £4.6m. [LNB] Dowie leading the race to take charge at Hull following the sacking of BrownHull hope Hughes falls to temptation in quest to replace sacked boss BrownThe 2009/10 managerial merry-go-round: Brown becomes 33rd exitHULL CITY FC
