American businessman Bill Foley has expressed his interest in making a non-controlling investment in Hibernian FC. Foley, who already owns a sporting franchise including a Las Vegas Ice Hockey team and football clubs in England, France, and Australia, has held initial talks with the club. The Scottish FA is considering relaxing the rule that prohibits an individual or organization from having a controlling stake in two clubs simultaneously. Foley's Black Knight's sport and entertainment consortium is interested in referring players in and out of Hibs to other teams under its control.
BBC Scotland sports news correspondentAmerican businessman Bill Foley It is understood he has wanted to invest in the Edinburgh club for months and has held initial talks with a view to making a non-controlling investment.Mr Foley had plans to expand a sporting franchise that already includes a Las Vegas Ice Hockey team, as well as football clubs in England, France and Australia.
The interest comes as the Scottish FA looks at relaxing the rule that bans an organisation or individual having a controlling stake in two clubs at the same time. BBC Scotland understands Mr Foley's Black Knight's sport and entertainment consortium is interested in referring players in and out of Hibs to other teams under its control, but would not be involved in the management of the club.
American Businessman Bill Foley Investment Hibernian FC Scottish FA Black Knight's Sport And Entertainment Consortium Football Clubs Controlling Stake Players Management
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