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Pearson seeking new buyer for Hull City

Hull City are up for sale, it has been revealed.

The Daily Express says part of new chairman Adam Pearson's brief when he returned to Hull from Derby County this month was to find a buyer.

Pearson was heavily involved in a deal that led to Derby being taken over by an international investment group, led by General Sports and Entertainment, four months after becoming the club's executive chairman in October 2007.

Pearson has said that Hull's debt is £9m. He has described that as manageable but will try to sell a number of players in the January transfer window to try to reduce the wage bill.

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