'There is a really fine line with me to discuss where the club is at financially now because we are out there trying to raise money from institutions or wherever that may be and we want to portray a very organised and efficient front which is what we are doing and we will sort them out.
Related ArticlesBullard's celebration one of the bestBrown applauds Bullard's celebrationManchester City 1 Hull City 1Rooney 'privileged' to play with GiggsPortsmouth 1 Manchester United 4FA Cup third round draw'But I would be lying if I said there were not challenges amongst them. It is going very well and I have to say right here and now that we are not going to be splashing out in January. That is for sure. And we need to move to fringe players out. Hopefully if we can move those fringe players out there will be no need to sell players we want to keep.'
Pearson continued: 'First and foremost this club needs to be secure and if we can stay up great, it is still difficult. The Championship would provide some serious problems. They can be overcome but really what I am trying to put it in nutshell is please do not expect us to be going out spending millions in the transfer window.
'There are a lot of balls in the air with the playing squad. Literally a lot. Dozens. There are a lot of talks going on ready in preparation for the January window. I just feel sometimes that the playing squad can tend to dominate.
'You need to look after all aspects of the club. And just because they are not as big you have to do good housekeeping across the club. But certainly the players are the big, big factor.
'They are all going to happen in January but they are being teed up as we speak. They might all fall flat on their face but it won't be for a lack of trying.'
Pearson's return to the KC Stadium from the Derby manager's office has coincided with an upturn in fortunes that see seen Hull earn eight points from their last four games.
'It's great to be back,' Pearson added. 'I haven't stopped really since I got back in and you can tell some people are thinking oh he's back but most seem to be working hard and we are going to get some real clear objectives on how to sort the club out over the next six months and people will know what direction we are going.
'There will be a little more distance between manager, chairman, players and we will get little bit more formality and discipline back in.
'All we have done is have a chat and the way I want to approach things is different to my predecessor and I think that Phil has bought into that.'
Pearson also hailed Jimmy Bullard whose return from injury has helped ease Hull's relegation worries.
Pearson added: 'In the second half at Burnley the spirit was there but in the last games that has been applied to some passing quality as well and I think they have played some decent stuff and long may it continue. The work-rate has definitely been there and the belief seems to be coming back.
'And Jimmy Bullard can definitely inspire. I have had a chance to take a few chats with him now and he is definitely an intriguing boy. There is no doubt about that. He has made an enormous difference to the team.'