Ferguson gone, who is next (List of Admin cuts)

[RednBlackComeback]

https://news.stv.tv/sport/duncan-ferguson-leaves-inverness-caley-as-first-casualty-of-administration

I'm glad the 12 months funding didn't materialise tbh!

[ictchris]

We would have been in administration within the 12 months.  We'd have had massively reduced income from supporters and sponsors if the move had gone ahead, the situation would have been unsustainable.

That little spiel from Ferguson actually makes me think far less of Ross Morrison.  He was prepared to fund the club for twelve months if we moved to Kelty but people didn't want to move to Kelty so no funding?  I don't blame him for not funding the club anymore, it's burning money really, but he would ONLY fund it if we moved football operations 140 miles away?  Seems a bit of a tantrum.

 

[big cherly]

48 minutes ago, Charles Bannerman said:

I think we need to get straight that this is an administration situation where one of the next possible steps is, unfortunately, the morgue. To avoid that, the administrator is going to take any steps he can, however drastic, to cut expenditure, and high up that agenda is cutting the wage bill. We are well, well past thinking about who we would like to see as a replacement and the thought of signing up any new staff to do jobs that can be done from within the existing payroll - and possibly these even at reduced wages - seems inconceivable.

I bow to your superior wisdom and easy access to such fonts of information. Must remember to get your permission to consider raising a post or opinion and have it vetted. 
 

Edited October 23, 2024 by big cherly

[Duke of Inverness]

I don't feel sorry for Duncan Ferguson the millionaire or thereabouts. Probably thought of ICT as history by the time he reached bottom of Drumossie Brae.

He'll find another job soon enough.

I feel sorry for the people at the club who are normal, non famous, hard working local folk. 

[Scotty]

34 minutes ago, ictchris said:

That little spiel from Ferguson actually makes me think far less of Ross Morrison.  He was prepared to fund the club for twelve months if we moved to Kelty but people didn't want to move to Kelty so no funding?  I don't blame him for not funding the club anymore, it's burning money really, but he would ONLY fund it if we moved football operations 140 miles away?  Seems a bit of a tantrum.

by funding, does he mean more loans so we would be £5m or £6m in debt when it was called in instead of £3m or £4m? Also no changes at boardroom level or in the CEO's office so still no governance. 

Administration is going to be hard, painful and horrible, but pouring money into a leaky bucket still leaves it empty. 

 

[ICTPaisley]

1 hour ago, RednBlackComeback said:

https://news.stv.tv/sport/duncan-ferguson-leaves-inverness-caley-as-first-casualty-of-administration

I'm glad the 12 months funding didn't materialise tbh!

I feel like Dunc is finding it hard to hold back his laughter in this interview. 

[+Fraz]

1 hour ago, ICTPaisley said:

I feel like Dunc is finding it hard to hold back his laughter in this interview. 

Much of what he says does indeed, deserve to laughed at. 

Doesn't it?

The fairytale that Morrison was going to bankroll one more year of huge losses, only if we move to Kelty, with Gardiner at Ferguson at the helm is hilarious (and monumentally daft). Then all would be wonderful. Just like all the other hair brain schemes what worked out.

Didn't they? 

 

[ICTPaisley]

8 minutes ago, Fraz said:

Much of what he says does indeed, deserve to laughed at. 

Doesn't it?

The fairytale that Morrison was going to bankroll one more year of huge losses, only if we move to Kelty, with Gardiner at Ferguson at the helm is hilarious (and monumentally daft). Then all would be wonderful. Just like all the other hair brain schemes what worked out.

Didn't they? 

 

Yeah one thing I didn’t quite read from him was if he was having a go at Ross Morrison for making a unturn, or if it was because we didn’t back the Kelty plan. 

[+Fraz]

4 minutes ago, ICTPaisley said:

Yeah one thing I didn’t quite read from him was if he was having a go at Ross Morrison for making a unturn, or if it was because we didn’t back the Kelty plan. 

I can't get the video to work, Internet is a bit hit and miss here in Turkey. However just going by the quotes he (Ferguson) seems to be under the impression that going to Kelty would have solved all our issues, cleared the slate, given him a budget for presumably 6 central belters who could/would not come up here. But the board (via fan pressure) went against Morrison and 'decided for admin' so, he then took his ball and went off. 

It's nowhere near as simplistic as he's making out. Other factors push us towards where we are, not least of course him being the manager who got us relegated worsening our already fragile situation but he's hardly going to highlight that.

I've some sympathy for him in the sense that he was most likely sold some story when headhunted for the job (I still think it was a huge ego massage signing for SG) about all of the SG/RM schemes working out and he'd get a huge transfer budget, his 3k a week, gold plated training cones and the like. And why would he doubt these local titans of business and football club management?

[ICTPaisley]

14 minutes ago, Fraz said:

I can't get the video to work, Internet is a bit hit and miss here in Turkey. However just going by the quotes he (Ferguson) seems to be under the impression that going to Kelty would have solved all our issues, cleared the slate, given him a budget for presumably 6 central belters who could/would not come up here. But the board (via fan pressure) went against Morrison and 'decided for admin' so, he then took his ball and went off. 

It's nowhere near as simplistic as he's making out. Other factors push us towards where we are, not least of course him being the manager who got us relegated worsening our already fragile situation but he's hardly going to highlight that.

I've some sympathy for him in the sense that he was most likely sold some story when headhunted for the job (I still think it was a huge ego massage signing for SG) about all of the SG/RM schemes working out and he'd get a huge transfer budget, his 3k a week, gold plated training cones and the like. And why would he doubt these local titans of business and football club management?

try this 

[+CaleyHedgehog]

Sorry to cause anyone offence, but that just makes me really glad he is gone - what a fan*y.

[Duke of Inverness]

He just doesn't get so many things about our club does he?

You'd have thought he'd start to 'get it' after a while, but no. 

Nothing positive from Ferguson's time here, plus ultimately he's been responsible for some of the most boring football I've seen in my life, in general.

Glad he's gone. 

Edited October 23, 2024 by Duke of Inverness

[+Fraz]

11 hours ago, ICTPaisley said:

try this 

Thanks, eventually got it to work.

Seems to me he's under the impression that there was a 12 month 'budget' that would be in place if we went to Kelty. My take is that he thinks it's crazy we (fans/board) didn't back the Kelty plan. This is similar to what Gardiner has said in the press that there was a 'recovery plan' that would have saved the club. 

Of course any sensible person could see with little scrutiny that this was doomed to failure. Just like the Gardiner backed Mr Phygital. 

Like most things over the past few years the club's saving grace was always just round the corner - Concerts, BESS scheme, freeport, park & ride, Kelty, Makwana etc. All of which failed spectacularly or were plainly ridiculous. However I get that Ferguson is probably just looking at the small part he's been promised on face value. Which as most fans realise is worthless with the Gardiner/Morrison cabal. 

Edited October 24, 2024 by Fraz

[dougal]

16 hours ago, Fraz said:

Always good to see a new moderator join up. Or isn't backseat moderating against the rules?

Fresh moderation might be a positive hopefully just like administration will be for the club.

I long for the day when posters don’t get unjust thread bans especially considering its  probably the most important thread in CTO history.

Dougal

 

 

Edited October 24, 2024 by dougal

[Charles Bannerman]

1 hour ago, Fraz said:

Thanks, eventually got it to work.

Seems to me he's under the impression that there was a 12 month 'budget' that would be in place if we went to Kelty. My take is that he thinks it's crazy we (fans/board) didn't back the Kelty plan. This is similar to what Gardiner has said in the press that there was a 'recovery plan' that would have saved the club. 

Of course any sensible person could see with little scrutiny that this was doomed to failure. Just like the Gardiner backed Mr Phygital. 

Like most things over the past few years the club's saving grace was always just round the corner - Concerts, BESS scheme, freeport, park & ride, Kelty, Makwana etc. All of which failed spectacularly or were plainly ridiculous. However I get that Ferguson is probably just looking at the small part he's been promised on face value. Which as most fans realise is worthless with the Gardiner/Morrison cabal. 

What he doesn’t seem to be “getting” is that, even by the time he took over last year the club, as a business, had already been “on a life support machine” (did these Fanzinists of 3 or 4 decades ago have second sight?!) for years, and the only chance the company has really had for some time has been to go into administration - however unpalatable.

And with that, we once again come back to the same root cause of the final phase of all this - a chairman who thought that a football club should be run like a property developer failing to control a CEO who was not only alarmingly incompetent but also steadily became behaviourally more bizarre as time went on.

[+snorbens_caleyman]

1 minute ago, Charles Bannerman said:

And with that, we once again come back to the same root cause of the final phase of all this - a chairman who thought that a football club should be run like a property developer failing to control a CEO who was not only alarmingly incompetent but also steadily became behaviourally more bizarre as time went on.

There's a great book to be written about the past few years - starting with the Scottish Cup victory and documenting our descent since then.  Only problem is that, because of the ages and ability to sue of the key characters, you won't be writing it, Charles, and I won't be reading it. 

And by the time it could be written, it will all have been forgotten anyway.

[Charles Bannerman]

Just now, snorbens_caleyman said:

There's a great book to be written about the past few years - starting with the Scottish Cup victory and documenting our descent since then.  Only problem is that, because of the ages and ability to sue of the key characters, you won't be writing it, Charles, and I won't be reading it. 

And by the time it could be written, it will all have been forgotten anyway.

You have got it in one, Snorbens! As it happens, as this has unfolded in recent weeks, I’ve been finding myself wanting more and more to do a follow up, and you even provided me with the ideal title - “Against All Frauds”.

However the litigation risk is so high that it’s an absolute no-no - which is also, unfortunately, a sad reflection of how it is indeed possible to suppress information by threatening to make things very difficult for those providing it.

Although it will never happen, I actually think there’s a lot of scope for a book starting end on from Against All Odds and documenting the club’s chequered fortunes as a business from the debacle that led to the Tulloch rescue if 2000, through the “glory years” to the current mess, interspersed by episodes from the football part of the history as well.

[CELTIC1CALEY3]

The fraud word may be something we do hear about in due course considering the lack of governance shown in recent years. 

[STFU]

In matters like this I remind myself of Hanlon's Razor.

"Never attribute to malice that which is adequately explained by stupidity."

[Satan]

17 minutes ago, STFU said:

In matters like this I remind myself of Hanlon's Razor.

"Never attribute to malice that which is adequately explained by stupidity."

Is that better than Harry's?

[+snorbens_caleyman]

37 minutes ago, CELTIC1CALEY3 said:

The fraud word may be something we do hear about in due course considering the lack of governance shown in recent years. 

As I've said recently, I can't see anything coming to court.  There will be no desire to spend more money with no guarantee of success - and no guarantee of recovering costs, let alone any embezzled funds, if there is success.

[ClickbaitProponent]

Personally, I think Scott taking charge with Billy as his assistant is a very good thing. These last few years must have been frustrating for Scott. There he is, an assistant manager and coach with Scottish Cup success, and a 3rd place finish in the top flight, left marginalised by the Duncan Doughnut roadshow, a manager with little to no experience, and there by virtue of a PR campaign, and the massaged ego of our delinquent former CEO. We, as fans, need to get fully behind Scott and Billy and give them and the team our 100% support. Nothing less will do. Positive management will lead to positive results.

[Robert]

I’ve seen a message that Cameron Ferguson has been made redundant, which is not a surprise.

He should never have been brought into the club in the first place, given his father was Manager.

If it’s true, he goes with my best wishes and I hope he can establish himself through getting a fresh start somewhere.

[CELTIC1CALEY3]

Just now, ClickbaitProponent said:

Personally, I think Scott taking charge with Billy as his assistant is a very good thing. These last few years must have been frustrating for Scott. There he is, an assistant manager and coach with Scottish Cup success, and a 3rd place finish in the top flight, left marginalised by the Duncan Doughnut roadshow, a manager with little to no experience, and there by virtue of a PR campaign, and the massaged ego of our delinquent former CEO. We, as fans, need to get fully behind Scott and Billy and give them and the team our 100% support. Nothing less will do. Positive management will lead to positive results.

Totally agree with this. It was great news yesterday that an established local coach was being retained. A person who survived significant adversity himself. Even better that Billy looks like being kept on.  It is now likely, depending on the squad of players who remain, that we will be more positive each time we take the field. Anyone who was at the first game against Arbroath this season in the cup will know how incredibly well the young team took them on in the first half. When we brought on the established in the second half, the no shooting rule seemed to be back in force. With our backs against the wall hopefully we have suffient members of the current squad to go forward again. Will soon find out.

[+CaleyHedgehog]

1 hour ago, Charles Bannerman said:

Although it will never happen, I actually think there’s a lot of scope for a book starting end on from Against All Odds and documenting the club’s chequered fortunes as a business from the debacle that led to the Tulloch rescue if 2000, through the “glory years” to the current mess, interspersed by episodes from the football part of the history as well.

Why stop at a book? When Eden Court reopened in the noughties after a big transformation, they had a competition to write a Highland musical for the grand reopening. At the time I thought that ICT's speedy rise through the divisions would  have have been a good subject, and so much more has happened since then. Of course it would have to be in the fictional Inversneck and any resemblance to real life characters would be by pure chance.  

It does upset me that DF, as he took his little box of tat away with him, did little to conceal the bitterness directed at the fans who stood up to the Kelty nonsense. He does not have a poker face - his thoughts are always written all over it despite what his mouth is saying. It goes a long way to explaining why we heard nothing from him as he sulked his way through the summer break. I had always hoped that he would start to listen to some of the advice that he was hearing regarding his tactics on the field, and I finally thought he was beginning to on Saturday, but that was obviously just him past caring anymore.

He comes across as a very vain ('the players love me' - who says that about themselves? - it is for others to say') , not too sharp individual who refuses to consider any view point other than his own. He had no interest in our club and our city, other than to use it as a stepping stone in his career. Our young local talent did not stand a chance of progressing as he was always looking to bring in players from elsewhere, and we are well rid of him.