Friday briefing: Bill Foley sells stake in Hibernian Football Club

American businessman Bill Foley has sold his 25 per cent stake in Hibernian FC back to the club's majority shareholders, the Gordon family, the Scottish club have announced. The decision comes after both parties acknowledged that their partnership was not yielding the desired results,

Foley, who also owns Bournemouth through his Black Knight Group, originally invested £6m for his share in the Edinburgh-based club in February 2024. While the exact financial details of the buyback have n