Hibernian moved up to fourth in the Scottish Championship after beating Alloa Athletic 2-0 at Easter Road.
Hibernian will be looking to close the gap at the top as they host Alloa Athletic at Easter Road this weekend.
Hibernian owner Sir Tom Farmer is close to striking a deal that would see the club's £8m debt wiped out, according to Sky Sports News HQ.
Falkirk scored a late winner through David McCracken to secure a 1-0 victory over Hibernian as John Hughes' side fell further behind the promotion pack.
Falkirk head coach Peter Houston has confirmed Joe Shaughnessy is still ruled out of contention through injury and will miss Saturday's Scottish Championship match with Hibernian.
Holders St Johnstone have been paired with Championship side Queen of the South in the fifth-round draw for the Scottish Cup.
Hibernian recovered from an early setback to book their spot in the fifth round of Scottish Cup after beating plucky Alloa 2-1 at Recreation Park.
Jason Marr and Graeme Holmes have joined David Weatherston and Iain Flannigan on the treatment table as Alloa boss Barry Smith's injury problems continue to grow ahead of their Scottish Cup clash with Hibs .