Overview
- The Gordon family has purchased the 25% shareholding from Bill Foley’s Black Knight Group, formally ending the tie-up.
- Hibs confirmed Black Knight representatives Tim Bezbatchenko and Ryan Caswell have left the board, with chief executive Dan Barnett appointed as a director.
- Foley paid £6m for the stake in February 2024, and both sides agreed the arrangement was not working after months of talks.
- Tensions included Foley’s public criticism of Hibs’ appointments and a push for feeder-club style links to Bournemouth, which the club resisted.
- The buyback follows reported losses of over £7m earlier this year, raising questions over near-term spending, while Black Knight continues to focus on Lorient, Moreirense and Auckland FC.