This decision came after a number of meetings between the two parties, alongside the Club agreeing to certain undertakings and commitments at the request of the governing body.
The Club now has an agreement in principle with Black Knight Football Club for minority investment into Hibernian FC.
The investment proposal will now be shared and ratified at the Club’s Annual General Meeting, which will occur in February. The Club’s shareholders will be informed of the date of the AGM in due course.
*Article 13 can be found in full from Page 86 of the Scottish FA Articles of Association.