A recruitment shake-up has come in at Hibs and the club accounts have proven why it has happened.
In the European football hunt and a Scottish Cup quarter-final under head coach David Gray, things are as positive as they have been in recent years for the club. A loss of £7.2m for the 12-month period to the end of June 2024 shows the hardship they have encountered in recent seasons.
It has the club "reliant on the steadfast support of shareholders who continue to underwrite losses” with the sackings of Lee Johnson and Nick Montgomery proving costly. Hibs have also admitted a "poor recruitment strategy" resulted in a "significant overspend" and "a downturn in performance and results continues to prove problematic".
Transfer business is something that has been criticised at Easter Road since the Gordon family came to Leith on July 2nd, 2019. Hibs have turned to ex-Bournemouth head of recruitment analysis Garvan Stewart to help with that, amid Cherries owner Bill Foley’s minority stake in the club through Black Knights Football Club..
So what signings have Hibs made under the Gordon family? Here are 81 who’ve been brought in since July 2nd 2019. Some were or have been signed as key first team members, others as projects.
There are hits, misses and a bit of the in-between throughout managerial reigns of Paul Heckingbottom, Jack Ross, Shaun Maloney, Lee Johnson, Nick Montgomery and now Gray. Have a look.

45. Kyle McClelland
A young project signing who's spent most of his time out loan. Photo: Mark Scates - SNS Group

46. Elias Hoff Melkersen
Into the Shaun Maloney era and his one transfer window. The Norwegian arrived for a rumoured six-figure fee and while he perhaps didn't shine as was expected on the pitch, he did net them a seven-figure fee when joining Stromsgodset. So good business. Photo: Alan Harvey - SNS Group

47. Emmanuel Johnson
Johnson is on the left. The 18-year-old American joined on a three-and-a-half-year deal in February 2022. An extension of the partnership between Hibs and Charleston Battery, but failed to break into first team. Photo: Euan Cherry - SNS Group

48. Runar Hauge
Runar Hauge made three appearances for Hibs during his spell at the club. Lasted 18 months. Photo: Craig Foy - SNS Group

