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Kelty/ Is this a joke - merged thread

 
Club Statement
As one major part of our planned strategic restructure of the club, ICTFC are delighted to announce an innovative agreement with League 1 side Kelty Hearts which will see the club move our training base to the Fife club’s New Central Park Stadium.
This creative partnership will mean that we will hire their excellent facilities which include a 3g pitch, onsite grass pitches and offices for our coaching staff, as our training base during the week starting from this coming pre-season in June.
The last few years have seen the geographic challenges in getting players to move to the Highlands become ever harder for a number of reasons.
Caledonian Stadium will always be our home, but other factors in Scottish football have changed and where we train should not be an impediment to the quality of the players we can attract to Caley Thistle, or to our potential to progress.
The commercial success of the city of Inverness – which will always be our home - both as a tourist destination and a place to live, has led to very high prices for the accommodation we require to house players. In addition to these high costs which our competitors do not carry, the extremely limited housing stock in Inverness continues to be both a challenge and a huge factor working against us.
Increased playing budgets in and around the central belt has meant that on many occasions, even when we have offered players more favourable terms than our competitors, sometimes even agreed deals, we have then been told that the player has changed his mind due to challenges relocating their families. Support structures in and around the families of players may all be in and around the central belt, partners will have jobs where they live and moving kids schools to the Highlands and moving home itself can just be seen as impractical for a one or two year contract.
It makes it particularly challenging for us to sign senior players, a category which through no fault of our budget, or of previous ICT Managers, we have struggled to attract in the last few seasons.
Similarly, our location means that we miss out on the opportunity of signing promising players from the larger clubs in Scotland, on loan or otherwise.
For the avoidance of any doubt we absolutely intend to continue to develop our own homegrown Highland boys and we will take the appropriate steps to make sure that by being creative, innovative and practical, they do not miss out on the chance to have a pathway to first team football with their team. We have a proud tradition of introducing local players in to our first team and this will absolutely continue.
We obviously never intended to be in the same division as Kelty when originally exploring this concept, but football throws strange things at you sometimes and having reassessed the proposition and judged that the pros still far outweigh the cons, we would like to thank the Board of Kelty Hearts and MD Stefan Winiarski and his management team for considering this unique to the SPFL partnership, and then seeing and agreeing on the possibilities and benefits for both clubs.
To reiterate, by moving our footballing department's training base to central Scotland, both the club's Board of Directors and the club's First Team Management feel we give ourselves the best possible chance to attract the highest quality players to the club, allowing some of the players we sign to also live in and around the central belt while playing for ICTFC.
We now look forward to taking further positive strides on and off the pitch to address the football and financial challenges we face we believe this exciting opportunity to help us attract players previously not available to us and build a better squad, is one of the first steps we can make and we hope to develop further innovative partnerships.
Inverness is and will always be our home.
The Caledonian Stadium will always be where we play our football. We hope this venture will help us achieve our goal in giving our supporters a team to be proud of.

Edited by The Mantis

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    No we can't! Why would any central belt player choose to join a club which requires players to face a 3 hour journey to play "home" games followed by a 3 hour journey back - in the middle of wint

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12 minutes ago, CaleyCiuin said:

Even Roy McGregor over the bridge is having a go at the absurd decision to train in fife. No longer can ICT be considered a community club. All this in our 30th anniversary year. Dark days indeed. ☹️.

Even Clach were taking the **** over it. Scot and Co. have created a colossal cockup and deserve to be pelted by every book in the library

 

6 minutes ago, IBM said:

We should be training at the Highland Football Academy in Dingwall It doesn't belong to Ross County as most people think.  They should have one third, ICT one third and other Highland football the remaining third.

The HFA is a joint venture by ICT and County anyway, the fact the boys on the board are whinging about the lack of facilities is a load of bollocks, and just feels like one massive, petty move trying to slag off the Highland Clowncil's dragging heels on the battery farm

1 minute ago, Yngwie said:

But wouldn’t fans then say we are a Dingwall side?

No it is not much further than Fort George and nothing like moving to Kelty and paying money to another team in the same league.

10 minutes ago, Jack Waddington said:

Thanks for posting that, Jack.  Brilliant article.  Absolutely nails it.

27 minutes ago, Starscape said:

Wouldn't listen to him after his p**s over the last few years (can't be a***d checking over what period).....

1 hour ago, Jack Waddington said:

Even Clach were taking the **** over it. Scot and Co. have created a colossal cockup and deserve to be pelted by every book in the library

 

The HFA is a joint venture by ICT and County anyway, the fact the boys on the board are whinging about the lack of facilities is a load of bollocks, and just feels like one massive, petty move trying to slag off the Highland Clowncil's dragging heels on the battery farm

By all means pursue the battery farm but not on the back of ICT. Should be a completely different company that deals with this matter and if it works out, by all means use funds to benefit the club through investment.

6 hours ago, Jack Waddington said:

Great article and says exactly what most of us are thinking though there is one or two who are convinced it’s wrong 😀

7 hours ago, Jack Waddington said:

Strange times indeed when I find myself gushing about an article in that publication, but it’s absolutely spot on. Even down to the final paragraph in which it invokes hypocrisy to attempt to shame Duncan Ferguson into rethinking his actions. 

The article can only help. Hoping the ridicule and backlash will start snowballing now to national or even global proportions and consign this ridiculous idea to being talked about in the history of bad ideas cooked up by out of touch money men in suits. 

What a mess. our club ripped to shreds  don't think the turnstiles  will be needed any more.zero ST holders  the board have obviously no respect for the fans TOTAL DISGRACE 

10 hours ago, Jack Waddington said:

 Corporate brain fart 🤡

From some of the things I'm hearing regarding assets and (change of) ownership of the fixtures and fittings I'm beginning to worry that the Kelty sh1tshow is just the tip of the iceberg...

The club statement did say 'first part' 🤨

10 hours ago, DWH said:

By all means pursue the battery farm but not on the back of ICT. Should be a completely different company that deals with this matter and if it works out, by all means use funds to benefit the club through investment.

It was/is a separate company, that was set up to benefit ICT with the funds if it had succeeded. The battery farm company now seems to be even further removed from the club after issuing fresh shares directly to a number of the club’s directors.

53 minutes ago, Satan said:

From some of the things I'm hearing regarding assets and (change of) ownership of the fixtures and fittings I'm beginning to worry that the Kelty sh1tshow is just the tip of the iceberg...

The club statement did say 'first part' 🤨

More bad news should not come as a surprise to anyone, let’s be real. We were in a pretty dire financial predicament, seemingly trying to stave off administration, and then we got relegated which has made it an awful lot worse.

10 minutes ago, Yngwie said:

More bad news should not come as a surprise to anyone, let’s be real. We were in a pretty dire financial predicament, seemingly trying to stave off administration, and then we got relegated which has made it an awful lot worse.

I think the next horse on the horizon looks rather pale. I wonder who's riding it.

Just now, Yngwie said:

It was/is a separate company, that was set up to benefit ICT with the funds if it had succeeded. The battery farm company now seems to be even further removed from the club after issuing fresh shares directly to a number of the club’s directors.

Out of interest, have you seen the Articles of Association and Memorandum of Agreement that categorically states '..set up WHOLLY to benefit ICT FC ..'  After the Council rejected the Planning Application, as you state,  Companies House indicate that at least 25% of shares were then allocated  each to Cameron, Munro and Morrison. However, the planning application made it clear 'For the avoidance of doubt, it should be noted that Inverness Caledonian Thistle Football Club (ICT) is the applicant, owns the land and is the sole shareholder of ICT Battery Storage Ltd. ICTFC has been a member of the Scottish Professional Football League for some 29 years. The Club was founded in 1994 with the merger of Thistle FC and Caledonian FC, each over a century old. This demonstrates in part the importance of the club to the City and fan base.' The shareholder is a corporate body based on that statement. However, three Directors now have significant control. 

When the Company was set up the football club was the sole shareholder :

Initial Shareholdings Name: INVERNESS THISTLE AND CALEDONIAN F.C. LIMITED Address CALEDONIAN STADIUM STADIUM ROAD INVERNESS SCOTLAND IV1 1FF Class of Shares: ORDINARY Number of shares: 1 Currency: GBP Nominal value of each share: 1 Amount unpaid: 0 Amount paid: 1

However, after the failure at the Council meeting things changed on the 27th March 2024 with Companies House indicating (for all three Directors) image.thumb.png.69f6674facfaab7616ee63f4bef79226.png

Might such a move constitute a material change in the application?  If so then that is not permitted when going to appeal and would mean an immediate rejection.

2 minutes ago, STFU said:

Might such a move constitute a material change in the application?  If so then that is not permitted when going to appeal and would mean an immediate rejection.

If the application was made by ICTFC and appealed by ICTFC then it is all as valid as it ever was. I presume there are then commercial agreements, leases etc, between the relevant companies, which do not have to be published anywhere.

13 hours ago, Jack Waddington said:

One important fact missed out by bill leckie comparing us to RC ……….

uncle Roy writing off the debt each year.

just an observation, don’t shoot the messenger 

Has anyone managed to keep track of the ownership of items that could be deemed to be assets of the club, and of how the company structure fits together?

In recent times we’ve been told the club owns the ground, car parks, the land for lease next to the North Car Park and the Battery Farm site.

I’m unclear as to what the assets would actually be in the event of the club going into administration, or therefore what options there may be for any “white knight” coming in to rescue things (if only there was one!).

Anyone got a decent understanding of it all?

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