Foley Aims To Sell Hibs Stake Back To Gordon Family

American businessman Bill Foley is successful nan process of trading his 25% liking successful Hibernian backmost to nan club's mostly shareholder, nan Gordon family, aft nan brace agreed nan business was not moving for either party.

Foley, who owns Bournemouth done his Black Knight Group, paid £6m for his shareholding successful nan Edinburgh nine successful February 2024.

The 80-year-old is apt to recoup that sum, on pinch further investments made, if a woody to portion ways tin beryllium concluded.

Talks person been ongoing for nan past fewer months, pinch neither statement satisfied pinch nan partnership.

The arrangement, described arsenic "game-changing" by erstwhile Hibs main executive Ben Kensell, sewage disconnected to a rocky start, pinch Foley captious of nan appointments of caput coach David Gray and sporting head Malky Mackay.

In July past year, Foley told BBC Sport: "If nan different ownership group astatine Hibernian perceive to america they will do better."

Black Knight president Tim Bezbatchenko is an executive head astatine Easter Road and has been a regular beingness successful Edinburgh, but Foley did not be immoderate matches successful Scotland.

Non-executive head Ryan Caswell is nan different Black Knight typical connected nan Hibs board.

The Black Knight group are actively looking for different clubs to grow their portfolio which includes Lorient successful France, Portuguese broadside Moreirense and Auckland successful New Zealand.

If a waste is concluded, it would unfastened up nan anticipation of nan Gordon family looking for different investor. However, BBC Scotland has learned nary talks are presently taking spot pinch immoderate different party.