Good question! I had totally forgotten that the final itself fell into June. However, it doesn’t really matter, as companies can choose to prepare their accounts to a date that is up to 7 days before or after their published year end date. For a football club it would make sense to make use of this flexibility so that the results for the entire football season are included.

Going concern issue, ie future outlook, as opposed to any issue with results for the year itself.

The cup final was on 3 June so would revenue for that not be reported in the year to May 2024 rather than last year? I read on here some time back that the cup windfall was used to repay Directors’ loans. I don’t know if that was an informed comment or speculation.

Then why delay the release?

The May 2023 results ought to be pretty good as they will include the benefit of reaching the cup final, as well as the profit we made from the concerts (renting the stadium out). The year to May 2024, however, will presumably see us revert back to losing £0.5m - £1m.

And those accounts are for the year that ended in 30 May 2023 so nearly another year has passed, which presumably has caused things to worsen further.

ICTFC employing an ex-chairman that was removed from his position by their supporters trust. Top trolling.

Given he was chairman at Clach for so long, when the club had significant links with Orion, is Chisholm an ally of Alan Savage by any chance?

Please note that Mr Gardiner has changed his Christian name to Oliver

A big thank you to everyone who came along to the Race Night organised by the Supporters Trust on Saturday. We hope you had a great time, and thank you all for your generosity in backing the horses. The evening was a great success and, including the contributions from our sponsors, we raised over £1600. As many of you are aware, the night was to be hosted by Gary Wilson, aka "Face". Tragically, Face died suddenly and unexpectedly recently, but we decided to proceed, and one of the races was run in honour of Face, with the proceeds being donated to two charities that he supported: Mikeysline and RNLI. The event could not have taken place without the support of our sponsors. Stagecoach sponsored the event, with races sponsored by D&E Coaches, Inverness Computer Centre, Scottish Citylink, Ness City Tyres and the ICTFC Social Club. Thank you to you all. The Caley Club laid on an excellent buffet, and hopefully the event added to the bar takings! Thank you to some of our Board Members. To Laura for pulling everything together, Kath (ably assisted by husband Bob) for being the bookie, and George for stepping in and hosting the evening. We hope everyone who attended had a great time, and hopefully we will see you again at future events. Your support is greatly appreciated.

This confirms what everyone understood from the comments made by the Chairman at the recent Fans' Meeting, and demonstrates the difficult financial situation, particularly if the Scottish Government Reporter does not approve the Battery Farm. It also highlights the importance of the Stronger Together initiative by the Supporters Trust, which is aimed at increasing the voice of fans within the club and, therefore, on the decisions that the club takes. It aims to raise funds to purchase shares in the club, but the Trust Board will only decide to purchase shares when it is happy with commitments given by the club. If you have not already given your support, it is easy to do, with full details in this thread: https://caleythistleonline.com/topic/36186-stronger-together-how-to-contribute/ In summary, the payment options are: To make a recurring monthly payment through Stripe, use this link: https://buy.stripe.com/5kA00Fe5U5Sq4YoaEE The link allows recurring payments to be made on a monthly basis. The default setting is £10, but you can change this to any sum by clicking on "Qty 1", which appears below "ICT Sharesave". Changing the quantity to 2 makes the recurring payment £20, changing the quantity to 5 makes the recurring payment £50 etc. To make a one off payment through Stripe, use this link: https://buy.stripe.com/28o9Bfd1Q4OmcqQ3ce Simply insert the sum you wish to donate. These methods are in addition to those available at the launch, full details of which are in our brochure: https://www.ictsupporterstrust.org/stronger-togetherd The link contains all you need to make one off or regular payments via your mobile banking app or internet banking, and also a Standing Order form that you can print and complete. The Standing Order form has the Supporters Trust bank details pre-populated, with these details which also apply for payments via your mobile banking app or internet banking: Sort Code: 83-23-10 Account Number: 11486617 Account Name: Inverness Caledonian Thistle Supporters Society Sharesave.

The club statement was that “in the first instance” he will be a CPO, and that “he will be involved in a number of roles”, which is interesting.

In other news Alex Chisholm, former Police Inspector of the parish and Clach stalwart joins us in the back office, apparently becoming our second Child Protection Officer alongside another Police retiree Willie Maclennan ( talk about a thin blue line) .. Unsure why this is seen as a priority unless we have a big paper bill at Rodgers ... either that or Scot Gardiner has heard he can get him tickets for Ibrox & Stamford Bridge ..

Scott Gardiner being no longer required saves the club a reported 100k a year . It’s not rocket science to anyone that he needs to go . It’s been one disaster after another for our much disliked CEO . How can the club expect any sponsor to inject cash into the club when money like this is squandered on paying his wage . Has he actually achieved anything significant since his appointment or was it just jobs for the boys act with Ross Morrison ? Seems to be more clowns about the club than Billy Smarts Circus .

Aside from cashflow they may want money in before the accounts are due at the end of next month, assuming they don't delay them again, and everyone gets a fuller picture of how bad a financial mess we're in.

Totally agree. Given his history there's not a chance Gardiner doesn't have a contract where he's rewarded for failure.

You may well be right. Contract could still have a notice period though.

I don't believe our CEO is actually a direct employee of the club. From my understanding he's contracted as a consultant (and he's not the only one).

Can you say that again?

Not again!

We need a full time employee to run the club, whether or not it is him. Also worth bearing in mind that it would probably cost a 5 figure sum to pay him off, at a time when we have no money.

How about getting rid of our CEO (which we don’t need). I don’t trust Morrison or Gardiner I’m afraid!

I have put this in here as it is linked. Inverness Caley Thistle chairman says club is facing ‘significant pressure on our cash flow’ Inverness Caley Thistle chairman says club is facing ‘significant pressure on our cash flow’ (inverness-courier.co.uk)

His mistrust/dislike in Roddy is beyond baffling. We’ve seen some of Roddy’s goals and his ability to drive forward and add urgency to a game. - Brookes could be a huge addition as well with pace to help up front. Is anderson better than Roddy, is lawal a better fit for our midfield? there was also a spare place on the bench free for Saturday and even with the likes of Ujar and Samuels fit they weren’t included in squad. no idea what’s going on - it all seems rather haphazard