In regard to either club getting financial backing on their own, the answer has to be be a resounding no. I saw at first hand the delaying tactics and downright hostility displayed by some Councilors and officials in its dealings with ICT over the £900k grant. It was a minor miracle that the club eventually got this funding and I have no doubt whatsoever that Caley or Thistle on its own would have had no chance of similar funding.
ICT come up against considerable planning and funding challenges in its formation but theses challenges would have been many times more extreme for a single entity.
In my opinion, the merger was the correct way forward and the success on and off the field is vindication of this difficult decision.