This article is part of Football FanCast’s Opinion series, which provides analysis, insight and opinion on any issue within the beautiful game, from Paul Pogba’s haircuts to League Two relegation battles…
Hibernian announced on Tuesday that businessman Ronald Gordon has become the majority shareholder at the club, ending the reign of Sir Tom Farmer and Rod Petrie.
The club outlined the takeover in a statement on the official website, revealing that they are now not only debt-free but that Gordon will be making a seven-figure cash injection into the business.
The Scottish Sun had earlier reported that amount of money could be as high as £6m.
The new regime is also officially backing the current structure in place regarding the football management of the team, meaning Paul Heckingbottom is set to be benefit from the new era at the club.
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A £6m investment is no small amount for a mid-table Scottish Premiership side and having that cash around the team this summer could allow them to make a real push towards becoming the third or second force in Scottish football.
Hibs have already made a number of impressive signings this summer, including Scott Allan and Christian Doidge, so it’s not as if they’ve been standing still, but any new money made available to Heckingbottom and the recruitment team could prove to be big for the team.
The Easter Road boss spoke on the record this week about still being interested in two of last season’s stand-out players – Marc McNulty and Stephane Omeonga – with no deal for either so far able to be done.
McNulty scored eight goals and assisted five times in half a season on loan from Reading, while Omeonga produced some classy midfield displays on loan from Genoa.
The new investment could push them closer to getting those players back in Edinburgh.
At the very least it should make them more competitive against other potential suitors for the duo later this summer.