American billionaire Bill Foley has sold his 25% stake in Hibernian less than two years after investing in the Edinburgh club.

Hibernian FC’s majority shareholder Bydand Sports LLC, owned by the Gordon family, has completed the purchase of Black Knight Football Club’s shares in the Easter Road side, bringing an end to the club’s brief partnership with the American billionaire.

The deal, understood to be worth around £6m, sees Bydand Sports increase its stake in Hibs to 85% after acquiring Black Knight’s 25% holding.

The agreement ends a relationship that lasted less than two years and was marked by differing visions for the club’s future.

‘Philosophical differences’ led to split

Confirming the move, Hibs chairman Ian Gordon said the decision followed months of discussions between the

See Full Page