As painful as this may be I have to say that we are cactus!
Hull City have denied that Phil Brown has been sacked whilst other sources say that ex Chairman (and our saviour from administration a few years ago) Adam Pearson, has resigned as Chairman of Football at Derby County and is being touted as the next Hull City Chairman ousting current Chairman Paul Duffen.
Meanwhile, the accounts have been released and have been analysed by a fan (employed by an American based Investment Company) and her analysis has been released on the Hull City Vital message boards.
These show that there has been a 'rob Peter to pay Paul' system employed by the owners in such a way as to see the Club lend money to the Company so that they could buy Hull City. The monies lent are apparently 'interest fee' with no specific pay back date.
Consequently, should the Club be relegated this season (which we will be) they have to find 23 million quid (40 million dollars) to survive in the CCC. Should we remain in the EPL we will have to find 9 million quid (16 million dollars). These debts were incurred by mortgaging the estimated royalties etc from TV and sponsorship rights and then promising to pay them back by mortgaging the following years royalties - something that becomes impossible if you are relegated.
I have been one who has asked for years how much is the so called 'peppercorn rent' being charged by the Council to Hull City for the KC Stadium and the silence has been deafening - turns out that Hull City have been handing over a million quid per year - that is very expensive peppercorns folks!
The 'thick further plottens' folks when you ask what will Hull City council do with a 25,000 seater stadium if Hull City go under? Hull FC Rugby Club attract a few thousand only so will the council perhaps assist Adam Pearson and help bail the Club out?
We haven't heard the last of this yet!