[4] In 1994 the club sold its home ground, Douglas Park, to Sainsbury's supermarket, and subsequently ground-shared in Coatbridge and Glasgow for seven years.

A close tie against Championship representatives Dundee United ended in a 1–0 aggregate victory, with Accies youth graduate Greg Docherty scoring the only goal.

[15] The account handler also spoke to an accomplice via a telephone number provided by the main culprit to 'confirm' the legitimacy of the instructions.

[15] With the employee sufficiently deceived, a total of close to £1 million was transferred out of the club's accounts over several transactions, with the fraud being discovered the following day.

[14] The incident involved most of the club's working funds, causing the abandonment of a project to improve the youth academy.

[13] In February 2018, having only been able to recover a small percentage of their funds, Hamilton publicly declared that they were preparing to take legal action against the bank for a portion of the loss, believing the bank's security measures to have been inadequate in detecting the fraud (due to the unusual pattern of the transactions and the large sums involved);[14][16] RBS rebutted this but stated they were working with the club and the police to identify those responsible.

[14][16] The Accies chief executive Colin McGowan later described RBS as "morally bankrupt" after he was informed during discussions to prevent future losses that the bank's system did not allow customers to set daily transfer limits.

However, they managed to avoid back-to-back relegations with two games to spare after a 1–0 win away to Greenock Morton ensured safety.

[21][22] Hamilton were promoted back to the Scottish Championship after defeating Inverness Caledonian Thistle 5–3 on aggregate in the play-off final.

It was eventually sold to supermarket chain Sainsbury's in 1994, with the proceeds going towards the construction of the new stadium, which lies adjacent to the site of Douglas Park.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.