In a preview for the next season, BBC Sport commented that the biggest problem "was a fragile defence that developed a nasty habit of conceding late goals".
This revival meant that they were in a good league position going into the third Edinburgh derby of the season, on 2 January, where victory would mean that Hibs would leapfrog Hearts into third place.
[5] Hibs twice took a two-goal lead, but conceded two goals (both scored by Graham Weir) late in stoppage time to gift Hearts a 4–4 draw.
[7] At the end of the season, the club explored the possibility of selling Easter Road and sharing a new ground with Edinburgh derby rivals Hearts.
[8] During the summer of 2002, Hibs somewhat addressed these financial deficits by selling Ulises de la Cruz and Ulrik Laursen.