David Sutherland (Tullochs) is reported to hold at least a 29% shareholding and according to the Inverness Courier, Sandy Catto has 16% and Alan Savage 12%. The Courier have quoted David Sutherland as saying that he would increase his shareholding to block the businessman, who he believes would want a controlling interest in return for his investment. Graeme Bennet also states that the board would not want anyone to have a controlling stake in the club.
I have spoken with Les Kidger this morning who is the chairman of the Supporter's Trust and he is disappointed that the Trust have not been advised by the ICT board, of this potential investment, despite our enhanced voting rights of almost 12%. Until we are aware of the actual proposals on the table we couldn't make any proper comment, but we would expect this to be a topic worthy of discussion at our AGM next Thursday.
I would expect that the Trust would also share the views of Mr Sutherland and Mr Bennet, that having one business or individual in control of the club wouldn't be in the club's best interests, but we can't really make a decision until we have some information on the proposals.