Particle.news
Download on the App Store

Foley Sells 25% Hibernian Stake Back to Gordon Family After Vision Rift

Club leaders cite philosophical differences over feeder-club plans, calling the separation amicable.

Overview

  • Hibernian confirmed the Gordon family has bought Bill Foley’s 25% share, ending the partnership with Black Knight Group.
  • Club officials pointed to conflicting visions over integrating Hibs into a feeder structure linked to Bournemouth as the key reason for the split.
  • Following completion, Black Knight representatives Tim Bezbatchenko and Ryan Caswell left the board, and chief executive Dan Barnett joined as a director.
  • Foley’s group paid £6m for the minority stake in February 2024, yet the tie-up yielded little in the way of player movement or operational integration.
  • Black Knight described the exit as amicable and said it will pursue growth across its other clubs, with BBC reporting no current talks for new investors at Hibs.