Hibs' financial boost as shareholders inject over £2m into Easter Road coffers

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Hibernian FC News

Scottish Premiership,English Premier League,AFC Bournemouth

The Leith club have been given a financial shot in the arm after shareholders were given the green light to increase their level of investment at Easter Road.

Shareholders at Hibernian have pumped over £2.2 million into the Leith club as a result of their recent stock buy-in - according to the latest documents filed at Companies House.

The club - who are currently estimated by board members to be worth £26million - confirmed losses of nearly £3.9million in the last financial year. However that does not include the cash generated from Hibs participation in the UEFA Conference League qualifier at the start of last season, and the hierarchy are confident that their next batch of figures will show a record turnover, allowing them to remain financially sound.

As part of their new relationship, Hibs were able to sign Danish midfielder Emiliano Marcondes on loan from Bournemouth while midfielder Nathan Moriah-Welsh swapped the English south coast for Edinburgh on a permanent deal.

 

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