5 Articles
5 Articles
Alan Savage Named Preferred Bidder as Caley Thistle Eyes Exit From Administration
Inverness Caledonian Thistle has taken a vital step forward in its journey out of administration. Alan Savage, former chairman and long-time club consultant, has been confirmed as the preferred bidder for the club. The announcement was made by BDO, the Joint Administrators overseeing the club’s future. Key financial hurdles that once threatened the stability of the club have now been cleared. Crucially, agreements have been reached in principle …
Statement by Joint Administrators of Inverness Caledonian Thistle
Joint Administrators at BDO have confirmed that Alan Savage, former Chairman and club consultant, has been appointed as the preferred bidder of Inverness Caledonian Thistle FC. The Joint Administrators have advised that the issues previously reported surrounding the writing off of loans by loan creditors and the uncertainties stemming from the property held on sub lease by the Club have been resolved and agreements reached in principle. A furthe…
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