Chairman Jim Brown and the board of directors will address the issue over a Facebook live event this evening, where the new name of the football club will be unveiled.
The Evening News understands that a potential legal battle in the future over its current status has forced the City hierarchy to act now. The club's crest has also been redesigned to incorporate the new name.
The Capital side will also update fans on next month's proposed move back to the redeveloped Meadowbank as well as season ticket prices. The Evening News has also learned that a decision has been made on whether Edinburgh will continue to play their home matches on Friday nights or resort back to the traditional 3pm kick-off on a Saturday.
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The Citizens achieved promotion to Scottish football's third tier last month after a 3-2 aggregate win over Annan in the play-off final.
The fixtures for the forthcoming 22/23 season will be released tomorrow at 9am.
Edinburgh will begin their competitive matches on Tuesday, July 12 with a trip to divisional rivals Airdrie in the group stages of the Premier Sports Cup. That is followed by the visit of Arbroath on Saturday, July 16 before hosting Lowland League newbies Cowdenbeath four days later. The club complete their Group E fixtures with a jaunt west to face off against Premiership outfit St Mirren on Saturday, July 23.