Hull FC have been taken over by former Leeds Rhinos president Andrew Thirkill and businessman David Hood, ending Adam Pearson's 13-year stint at the helm of the Super League club.

Thirkill and Hood entered into an exclusivity period in November, with Pearson confirming in a statement on Wednesday the handover had been finalised.

Pearson will stay on at Hull in a consultancy capacity with Thirkill becoming chairman and Hood joining the board.