To put it quite simply ....
Tullochs and/or David Sutherland have ensured that ICT continues to exist. Without intervention from them at a time when ICTs debts were out of control, I firmly believe ICT would no longer be around, or if we were, we would most certainly not be in the SPL.
1. He organised the restructuring of the 2m debt into a trust, effectively taking the club out of debt. Like Charles, I am not sure how he did it, but he did.
2. His profile with our creditors (the bank mainly) was high enough that he kept them at bay while restructuring the club.
3. He put a structure in place that ensures we try to balance the budget every year - a boring point but VERY important
4. He/Tullochs purchased hundreds of thousands worth of shares putting money directly into the club
5. He/Tullochs were instrumental in the project that saw our additional two stands built in record time, and at some cost not only to the club but also to Tullochs. Willie Fisher (staunch ICT fan) also deserves huge credit as the project manager :004:
6. Charles said "I would also not be surprised if I were told that Tulloch are possibly picking up quite a few odds and ends of costs relating to administration and staffing." .... I dont know if it is Tullochs or DS personally, but in the past, I was told he often picked up tabs for things we hear very little about ... whether it be office furniture, staffing, or various bits and pieces ... not to mention a few fan get togethers on various Scottish Cup trips (even if he does still owe IHE a double voddie).
As Charles says, the difference between Gretna and ICT is a big one.
Its like the old adage about financial aid to the third world .... give a man a fish and he will eat well for a day, teach him how to fish and he will eat well forever. In our case, we have had a fair bit of cash put our way but nowhere like the bucketloads that were thrown at Livi or Gretna. Instead, we have been taught - using David's expertise and business acumen - how to better manage the money we do have and make it work for us so that we can thrive for years to come.