Source: PA
Pearson grateful for support
Boss Nigel Pearson has thanked the clubs Hull owe transfer money to for agreeing to restructure the Tigers' debts.
Hull owe a reported £9million in unpaid transfer fees and the Barclays Premier League had threatened to withhold some of their parachute payments. The debts had also threatened to scupper Tottenham midfielder John Bostock's season-long loan deal.
Pearson told the Hull Daily Mail: "Personally I would like to thank the clubs who we owe money to.
"Football is often dressed up to be quite a cynical industry, and it is in many ways I suppose, but a number of clubs have agreed to structure the debt in different ways.
"We have a lot of financial commitments that we have to honour and we will but it's important for us to get some sort of stability. There's no doubt some of the clubs have been very flexible."
Stoke, Reading, Sunderland, Fulham, Villarreal, Boulogne and Celta Vigo are owed money by Hull, who have not missed any of their repayments.
