8 Days to Administration?

They Think It's All Over!

With only eight days left to raise £200K, Inverness Caledonian Thistle are staring Administration squarely between the eyes after years of mismanagement and burying their collective heads in the sand as chairmen, chief executives and other board members failed to pay due diligence in the running of a football club. Alan Savage's deep dive into the finances at the club have revealed some shockingly bad inadequacies by the previous regime which is why the club are in the state they are in. However, it's now about survival, about saving the club from further damage, that is the current priority as the present incumbents are striving to keep the club afloat. There are allegedly some 'interested parties' looking at taking over the club, however, as a struggling League 1 side with some £3M of debt, it's a big risk for anyone after the mess that has been left behind. 

The GO FUND ME PAGE organised by the club in a last ditch effort to stave of Administration and even worse, liquidation has so far raised only £70K. That's £130K short of the target to be reached by 16th October, 2024, eight days from now.

Below is the full video from the meeting held last night at the Caledonian Stadium, with Scott Young thrown in at the deep end.