This, for me, was the significant question (particularly, the 3rd para) raised by CaleyD, it's absolutely pathetic that the only way the board can respond to it, is to shoot the messenger....
Quote :
I want to make it clear that my main objection in regard to stadium ownership are more to do with how it happened as oppose to it happening at all. What bothers me and needs answered is why it ended up in the hands of a private individual/business when we were told it was being moved to a Charitable Trust.
Some might think that it makes no difference, but it makes a big difference. A trust, especially a charitable trust, must be set up serve a specific cause. When the Charitable Trust was being talked about we were told that once it cleared its feet of the debt then any income it made would be used to benefit the Inverness sporting community. We were also told that ICT would have a stake in that Trust, and as such, some say in the activity of the trust and a legal right/claim to any benefits realised by the trust. In effect their was always the thought/belief that "ICT will get something back from the deal in future" and benefit in both the short and long term.
How would you feel if you had a Trust fund, only to discover that when you turned 21 and were due to start receiving that the solicitors had actually given everything to a private individual who was earning from your money/assets and had no legal responsibility to give you so much as a penny? And to then rub salt in the wound they wanted to charge you rent to remain in the family home?
I've been raising (and investigating) these concerns for years so my thoughts and feelings on it are not driven by any "low" that came from relegation or the rapid decline we seem to be witnessing as a result.
For the most part, ICT got to where they did thanks to the efforts of those on the playing/coaching/management side. Our off field activities have always been a run in a reactive shambles, the "we'll take care of that when it happens" approach, and it should be no surprise to anyone that this has finally caught up with us.
Furthermore, I have never been an advocate of the "Directors should be throwing in their money" argument. It shouldn't, for the most part, be needed. To qualify that, I appreciate that running a football club without occasional investment is a near impossible task, but there's many ways to attract that investment/sponsorship which go beyond selling the family silver and it can even be done without the need to sell shares...at least on a permanent basis.