Proposed Bill Foley stake in Hibs to be discussed with Scottish FA
- Published
The ownership structure of Hibernian Football Club is up for discussion
Hibernian will meet with the Scottish FA at Hampden on Thursday to discuss billionaire Bill Foley's potential investment in the club.
Hibs chief executive Ben Kensell and director Ian Gordon will meet with the governing body's board at Hampden.
Foley, 78, has a controlling interest in Premier League club Bournemouth and a stake in French club Lorient.
The American has acquired a licence to run a team in Auckland, which will participate in Australia's A League.
The rules in Scotland allows anyone who owns or has an interest in any club in the a world to invest up to a maximum of a 24.9% shareholding.
As things stand, Foley is only interested in a minority shareholding and the Gordon family, who own Hibs, are believed not to be interested in relinquishing control of the club bought by the late Ron, who passed earlier this year.
If the Scottish FA give Hibs the green light to progress, any proposed sale of shares would have to be ratified by shareholders at the annual general meeting, which is likely to take place in the new year.
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