Not a fact at all - just an opinion!
And my opinion is that Caley, on their own could have done just as well as ICT have - possibly better because they wouldn't have had the merger baggage.
As the only Scottish League team in Inverness they would have attracted just as much investment as ICT have and would have made it into the SPL in a similar timescale, attracting larger crowds as they progressed.
Don't believe me? Look at Ross County!!
No comparison. ICT have stayed, barring one blip, in the top league for near a decade. Compare when and if RC can do the same.
That's not what you said though Alex...... Brechin, Montrose, East Stirling?
Caley would have been good for Div 1 at least. Caley were a bigger club than those 3 even in the HL. Round about 1992 Caley had a wage bill of around £130 000.