A new dawn is upon Easter Road. Hibs have confirmed there is a new owner in town, with current owner Sir Tom Farmer and chairman Rod Petrie stepping aside to make way for American based businessman Ron Gordon.

Farmer has been in control of the Leith based side since 1990. He took over the club to stop a takeover from Hearts owner Wallace Mercer and has remained there ever since.

Hibs have a new owner. (photo by Alan Rennie/Action Plus via Getty Images)

Both him and SFA president Petrie have decided the time is right to walk away from Easter Road.

Some Hibs fans have reacted to the news.

Hibs under the ownership of Gordon should bring in exciting changes

Where to start with the amount of good this will do for Hibs as a whole, not just the first team. Gordon has already started working on his Hibs revolution.

Heโ€™s already began his Hibs revolution. (Photo by Mark Runnacles/Getty Images)

The clubโ€™s statement confirmed that Gordon has cleared Hibsโ€™ debt. He will also be taking up the role as Executive Chairman, whilst providing the club with a cash injection.

Investment in the playing squad, potential development of the already successful womenโ€™s team and youth academy boosts are just some of the things Gordon could invest in.

The list of things that could potentially be taken up a notch by the new owner is remarkable.

Hibs could excel under Gordon. (Photo by Chris Brunskill/Getty Images)

It certainly is exciting times at Easter Road. As far as first team action goes, Gordon will back manager Paul Heckigbottom to the hills, meaning Hibs will now have more of a chance of landing their top targets.

Itโ€™s sunshine on Leith right enough for the Hibees. Itโ€™s set up nicely to be a great few years for them.

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