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Additional Hibernian investment approved ahead of next season

Hibernian have announced further investment into the club ahead of the 2024/25 season. It was approved by the Black Knight Football Group who purchased a 25% stake worth £6 million in March 2024.

Hibernian  investment approved by board

The extra investment will come from club shareholders Leslie Robb, Hibernian Supporters Limited (HSL), and Bydand Sports LLC. Black Knight Football Group supported the proposals for further investment into the Edinburgh club in a board meeting earlier this week. In a club statement on Thursday, June 6, Hibernian said: Hibernian FC can confirm that additional investment into the Football Club has been successfully completed.

Hibernian investment
Hibernian finished eighth in the Scottish Premiership last season – Photo by Icon Sport

“Ahead of the upcoming 2024/25 season, club shareholders Leslie Robb, Hibernian Supporters Limited (HSL), and Bydand Sports LLC, have all increased their respective shareholdings by subscribing for additional shares in the capital of the Football Club, with the approval and support of the Black Knight Football Group.

“The Club wrote to all shareholders and having obtained the necessary level of approval, the Board formally finalised the additional investment at the latest board meeting on Tuesday, June 4.”

Black Knight Football Club (BKFC) investment into Hibernian explained

In March 2024, Hibernian announced that the club had become part of Bill Foley’s Black Knight Football Club (BKFC). The network of clubs includes Bournemouth, Auckland, and FC Lorient. Their 25% investment into Hibernian was approved by the required 75% of shareholders at a club meeting. Hibernian chief executive Ben Kensell described the deal as “ground-breaking in Scottish football and game-changing for Hibernian Football Club”.


Will Murray

Freelance football journalist. Experience writing for When Saturday, Comes, Goalkeeper.com, Elite Scholars and Total Football Analysis. Recently finished an MA in Sport Journalism at the University of Brighton. Long-time season ticket holder at the two-time European Champions Nottingham Forest.

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