Inverness Caledonian Thistle Receives 20 Buyer Inquiries
Inverness Caledonian Thistle Receives 20 Buyer Inquiries
Inverness Caledonian Thistle Receives 20 Buyer Inquiries
News summary

Inverness Caledonian Thistle has attracted interest from 20 potential buyers since entering administration on October 22, following a failure to secure a deal with a previous buyer. The club, which faces a 15-point deduction and possible relegation, is burdened with debts exceeding £3 million. BDO, the appointed administrators, confirmed that funds raised through community support will be directed solely towards the club's operational costs and not for paying historical creditors. Major shareholder Alan Savage has stepped in to provide £500,000 to assist the club during this period. The administration process has already resulted in the dismissal of manager Duncan Ferguson and several players, with the new leadership team taking charge of operations. BDO is preparing further documentation to facilitate discussions with interested buyers.

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