This is the end of the Muirfield Mills @ ICTFC era.
It was a much heralded arrival, although initially shadowy in its existence, it excited many, but ultimately what did this reign deliver to our 25 year old club?
The achievements, successes, follies & setbacks will no doubt be discussed & debated by supporters far and wide.
There has been a fair amount of manoeuvring behind the scenes over the past few months. These resignations are hardly a big shock.
A duo & an individual, whom have considerable funds to plug the gaping financial chasm & in time, drive the club forward have been diligently active in the background. Both have continually refused to release further financial assistance until MM move on.
Actually, the dynamic duo have in the not too distant past, poured £££,£££s into the ICT coffers in order to fill a rather large accounts oversight which had effectively rendered the club trading as insolvent, a drifting ship, so to speak. This enabled MM to continue, albeit temporarily, however.
Further holes in the accounts have been looming closer & closer.
The openly public, and slightly nauseating and alarming MM appeals for new streams of income, new investment & fresh blood on board fell largely on deaf ears.
Although some heard the cries, there was an unwillingness to flourish more £££,£££ s on what they now considered a financial basket case. No more back seat bail outs for MM.
Naming rights to the stadium were heralded as a future star big earner that would help in part, to steady the drifting ship.
In reality, the spreadsheet trudged on wearily, unattractive to investors & somehow becoming increasingly feral as large sums were spent on CEO's, confidentiality clauses and pay offs, big wages splurged carelessly on General Managers, Accountants, Catering + Cooks, Commercial Managers, Academy Directors etc etc.
This ever upwards spiralling increase in off field wages has been a massively damaging and game changing own goal this Club could ill afford ( pun intended ).
The dynamic duo & an interested individual, reeled in horror as the financial outlook darkened dramatically in what seemed like a shooting ones own foot, several times, scenario played out again & again.
Yes they have £££,£££s, but they also had business acumen and savvy & crucially they have extensive knowledge and experience of the internal operations of Football boardrooms and a vital understanding of the world of Football business, which exists and is very unlike any other business model.
One individual is doing the ' hockey cokey ', in that, one week he is in ... the next he is out, in ... out... in .... out.... ( shakes it all about ). The individual knows exactly what is under the bonnet of the ICTFC vehicle and what tred is left on the ICT financial tyres. For the moment having, kicked the tyres & checked the dip stick, he is out, sticking to keeping the Lilywhites balance sheet bright.
The Dynamic Duo however, have been building solid foundations, which is an area they could be said to have considerable expertise within. The plan has to be based on the tough financial climate in which this Club resides.
A business plan that is capable of satisfying the observations and prodding of the Scottish Football governing bodies. A blueprint that is both fiscally prudent, resilient and sustainable & shock proof.
This has been an ongoing process & it has to be professionally and meticulously administered, vetted & thoroughly robust.
Perhaps these resignations have signalled that the above phase of construction has been completed.