Pearson returned to the Foxes hot seat on Wednesday just 17 months after walking away from the previous City regime, with chairman Vichai Raksriaksorn now in charge following the takeover of Thai-based consortium Asia Football Investments in August 2010.
Pearson's predecessor Sven-Goran Eriksson was given huge financial backing, including a spending spree in the region of ?12million over the summer, only to be sacked 12 months on after a solid if unspectacular start to this campaign. And Pearson said: "There's already been questions about how much money is available? And I think, how long is a piece of string? I think that will be governed by results between now and the transfer window."
He added: "If we're in a competitive position then I think there's every likelihood that things will be made available.
"But I get the impression, and I'm prepared to back my judgment on this, that they (the owners) are very, very supportive. I get a good feel for it."
"We've got a big squad here. We'll look at it - let's put it like that. I don't dismiss the possibility of juggling it around a bit because we may have to do that. It's going to be results governed. If we get results quickly then..."
It took close to two weeks of negotiations to prize Pearson away from second-tier rivals Hull, whom he joined having departed Leicester in June 2010.
In his previous stint in charge, he guided the Foxes to the League One title in 2009 and the Championship play-off semi-finals the following year. And he has wasted little time analysing how he goes about repeating that success.
"I've got a good idea where we need to strengthen, or change things around," Pearson said. "I think we possibly need a little bit more width, but as always it's about seeing for the time being what can be achieved with the players we have.
"We need to tighten up a bit, make sure we stay in games a bit more because I think we've got goals in us. But, as always, it's a team game. We have to create a spirit where the players want to be a part of success."