26-01-2020, 04:13
Hibernian FC today welcomed the news that Hibernian Supporters (previously HSL) is to explore ‘any and all avenues’ to see how they can continue to support the club.
This follows the decision of the Board that it is content with the balance of shareholding, and that no further share transfers would be approved other than hereditary ones.
Around a third of the club’s shareholding is now in the hands of supporters.
The club is keen to point out that continuing financial support from Hibernian Supporters is an important contributor to the continued growth and success of the club, and that supporter funds will be used to enhance the resources available to Head Coach Jack Ross and the football program. Hibernian Supporters is now an established part of the Hibernian landscape and has raised and contributed more than £770,000 since it was established in 2015.
It now has 2400 members and owns more than 15 per cent of the shareholding in the club.
New majority shareholder Ronald Gordon purchased the shareholding of Hibernian Holdings from Sir Tom Farmer and former chairman Rod Petrie this summer and paid off the club’s £2.25 million mortgage as well as injecting £1.25 million into the club’s account.
Ron said: “I will continue to invest in taking the club forward, but I want to do this alongside supporters.
“I believe we all have a role to play in making our club the best that it can be, and supporters who have given generously do so because they want to contribute to their club.
“I thank them all, and hope that we can build still further on that.
“Everyone who supports Hibernian Supporters can rest assured that the money they provide in the future will be used to help our Head Coach improve our team.”
This follows the decision of the Board that it is content with the balance of shareholding, and that no further share transfers would be approved other than hereditary ones.
Around a third of the club’s shareholding is now in the hands of supporters.
The club is keen to point out that continuing financial support from Hibernian Supporters is an important contributor to the continued growth and success of the club, and that supporter funds will be used to enhance the resources available to Head Coach Jack Ross and the football program. Hibernian Supporters is now an established part of the Hibernian landscape and has raised and contributed more than £770,000 since it was established in 2015.
It now has 2400 members and owns more than 15 per cent of the shareholding in the club.
New majority shareholder Ronald Gordon purchased the shareholding of Hibernian Holdings from Sir Tom Farmer and former chairman Rod Petrie this summer and paid off the club’s £2.25 million mortgage as well as injecting £1.25 million into the club’s account.
Ron said: “I will continue to invest in taking the club forward, but I want to do this alongside supporters.
“I believe we all have a role to play in making our club the best that it can be, and supporters who have given generously do so because they want to contribute to their club.
“I thank them all, and hope that we can build still further on that.
“Everyone who supports Hibernian Supporters can rest assured that the money they provide in the future will be used to help our Head Coach improve our team.”
