Hibernian in talks to cut £8m debt



The club insisted that talk of a “total” debt write-off was “not based on fact” and was “speculative”.
But it is understood discussions between the club, the holding company and the bank centre on significantly reducing Hibs' arrears.
Talks are said to have been ongoing for some time as chief executive Leeann Dempster and chairman Rod Petrie devise a plan for the long-term future of the club, which is owned by Sir Tom Farmer.
These proposals will be unveiled at the club's annual general meeting, which normally takes place in October but has been delayed until January 28 to allow talks to be... read more

 
10 December 2014 in Sport, Views: 18
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