Hibernian - Hibs In Takeover Talks?
UK time is: 04:46:25
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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!




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Franck_Sauzee  Mail feedback, articles or suggestions

Date:Saturday August 9 2014

Time: 10:23AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Hibernian Articles

Feruz To Sign For Hibs? (Tuesday September 1 2015)

Deadline Day Rumours & Speculation (Monday August 31 2015)

TDD- What Can Hibs Fans Expect? (Sunday August 30 2015)

Opinion: Raith Aftermath (Sunday August 30 2015)

McKay & May? Can Hibs Sign Either? (Thursday August 27 2015)

Stubbs Delighted With Aberdeen Draw (Thursday August 27 2015)

Hibs Fail To Shine In Cup (Wednesday August 26 2015)

Stats: Hibs v Stranraer (Wednesday August 26 2015)

Hibernian v Stranraer - Team Line Ups (Wednesday August 26 2015)

Hibs v Stranraer Preview (Wednesday August 26 2015)

Archived Hibernian Articles

List All Vital Hibs Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Alan1875 1

Breaking League News

Feruz To Sign For Hibs?
Hibernian : 01/09/2015 01:18:00
Deadline Day Rumours amp; Speculation
Hibernian : 31/08/2015 21:56:01
Warburton's QotS Reaction
Rangers : 31/08/2015 20:07:01
McInnes Delighted With Partick Win
Aberdeen : 31/08/2015 19:56:01
Striker nears exit
Celtic : 31/08/2015 18:47:00

Current Site Poll (view all polls)

Raith MotM
Suggested By:  Vital Hibs
Oxley 18%
Gray 3%
Stevenson 0%
Fontaine 3%
Hanlon 0%
McGinn 34%
Bartley 3%
McGeouch 27%
Henderson 3%
Keatings 6%
Cummings 3%