Vital Football

Latest Hibs News

Hibs In Takeover Talks?

Hibs In Takeover Talks?

Hibs are subject to a takeover bid by Financial Advisor David Low according to a report in today's Daily Mail.

Low is said to have teamed up with former chairman Malcolm McPherson and Frank Lynch, who owned English non league outfit Celtic Nation until last summer, to make an offer for owner Sir Tom Farmer's shares in parent company HFC Holdings.

The businessmen hope to acquire the business, including football club, with a bid said to be around £3.5 million.

Low told the newspaper: 'I have made an offer for Hibernian Football Club on behalf of a group of investors.

'We were encouraged to make an offer by Mr Petrie (Hibernian Chairman), we made an offer to Mr Petrie and we have met his nominated advisors for discussions. Beyond that, the ball is now in their court.`

The financial expert also claimed to have been in discussions with supporters groups over the proposed takeover although it remains to be seen if they include Paul Kane, the former player leading the campaign to oust Petrie from the club, and his group for change Forever Hibernian.

Kane would prefer a fan ownership model and discussions between members of Supporters United and Hibs fans have already taken place.

Whether or not the bid is successful it appears both Farmer and Petrie are looking for any potential buyers to step forward and make their interest known.

With the new season starting this weekend the last thing the club needs is further turmoil in the background following last season's relegation. Hopefully this matter will be concluded sooner rather than later whatever the outcome.

Vital Hibs is available on all social media platforms including Twitter, Facebook, SportsYapper and Instagram - Follow or like us by clicking the links below!

Vital Hibs on: facebook

Vital Hibs on: twitter

Join Vital Hibernian

It's easy to REGISTER HERE, simply click the link and enjoy getting involved!

Writer:Franck_Sauzee
Date:Saturday August 9 2014
Time: 10:23AM

Best of Vital Scottish Football

Dundee United - United consider striker

Login to post a comment

Recent Hibernian Articles

Lennon's Cummings Hopes

Lennon's not only looking to bring in players he's also looking to retain them too with Cummings among the most talented Hibernian have who he therefore wants to retain.

Deal Extended - Lennon On Europa League

A new deal has been signed with Marathonbet to see them remain as the shirt sponsors for Hibs throughout the 2016/17 season following this one-year extension with the betting company.

Hibs Know Europa League Opponents

Hibernian have today been drawn against Valur Reykjavic or Brondby IF in the Second Qualifying Round of this season's Europa League competition.

Duo Will Get Hibernian Chance - Lennon

Stubbs allowed Harris and Stanton to spend spells away from Hibernian with it looking as though they could be 'surplus to requirements.' Former Celtic boss Lennon has other ideas.

Archived Vital Hibs Articles

Vital Hibs articles from

Site Journalists

Al
no email
Profile

Current Poll (see more polls)

Scottish Cup Final - Rangers MotM
Suggested By:
Logan5%
McGregor0%
Hanlon1%
Fontaine0%
Gray14%
Fyvie0%
McGeouch0%
McGinn3%
Stevenson0%
Stokes71%
Cummings0%
Sub - Keatings0%
Sub - Henderson6%
Sub - Gunnarsson0%

League Table

# Team P W D L Pts. GD
1 Celtic 38 26 8 4 86 62
2 Aberdeen 38 22 5 11 71 14
3 Hearts 38 18 11 9 65 19
4 St. Johnstone 38 16 8 14 56 3
5 Motherwell 38 15 5 18 50 -16
6 Ross County 38 14 6 18 48 -6
7 Inverness 38 14 10 14 52 6
8 Dundee 38 11 15 12 48 -4
9 Partick 38 12 10 16 46 -9
10 Hamilton 38 11 10 17 43 -21
11 Kilmarnock 38 9 9 20 36 -23
12 Dundee United 38 8 7 23 28 -25
Latest F1 News
Latest Vital Boxing News

Recent Hibernian Results (view all)

Hibernian Fixtures (view all)