The subject of “who owns Tulloch Caledonian Stadium” has become a discussion point among the fans of Inverness Caledonian Thistle over the past few months and following extensive meetings between the Board of the Supporters Trust, the club and Tulloch Homes Group on the matter over the last couple of weeks, we are pleased to be able to bring you the following statement.

Statement re Stadium Ownership

The subject of “who owns Tulloch Caledonian Stadium” has become a discussion point among the fans of Inverness Caledonian Thistle over the past few months and the Board of the Supporters Trust have had extensive talks with the club and Tulloch Homes Group on the matter over the last couple of weeks.

The Club and David Sutherland (DFS) have been completely open  during these discussions and the Supporters Trust are now able to quash any conspiracy theories that emerged from the concerns of some fans and confirm that we are entirely satisfied that the clubs interests are fully protected within the business structure that was put in place back in 2002...a necessary change which removed the stranglehold of debt which was crippling the club at that time and enabled us to meet our SPL aspirations at the time (and hopefully in the future).

DFS informed us that he is ever mindful of the importance of the views of our supporters on any issue and as such decided to meet both David Sutherland from the ICT Supporters Trust (DJS) and one of the authors of the web site articles along with a representative of the ICTFC Board.

This meeting effectively explained the position thus clearing up any perceived misunderstanding on the linkages in terms of the stadium rental profiles.  The crux of the information flow was to demonstrate that Tulloch Group have invested circa £4.5m on property aspects of the ICT operation with most important of all , a recognition that all leases were back to back with a head lease to the property company and the football club thus protecting the clubs playing position at the Tulloch Caledonian Stadium.

This information is particularly important in the future should there be any initiative to relocate the club to a better location within the Inverness area.  With the Highland Council as landowner, the PROPCO’s in the Tulloch system and the roles of the Inverness Caledonian Thistle Trust Ltd and the Football Club all pivotal to the continued aspiration for the return to top flight football in Inverness. We can also confirm that all leases between the Highland Council, who own the ground, the Trust, the Propco and the Football Club are all back to back by way of comfort for those who may have thought differently.

We would like to thank David (DFS) and the Club for being as open and honest as they have during these discussions and allowing us all to draw a line under this matter.

We also look forward to, and welcome, the opportunity to continue working more closely with them in the future. Our strength as a Club has always been borne out of our solidarity as a unit (often in the face of adversity) with all parties moving forward in one direction and trust we can now do this as we strive for promotion in the coming weeks ahead.