Inverness Caledonian Thistle has entered administration amid a financial crisis, leading to significant challenges including a 15-point deduction and potential relegation from League 1. Manager Duncan Ferguson and two coaches were sacked, with further job losses anticipated. The club's financial difficulties were exacerbated by £1.2 million in losses last season and a failed fundraising campaign that fell short of its £200,000 target. Administrators BDO have been appointed to find new owners or alternatively sell assets to satisfy creditors. Despite intense efforts, including Ferguson working for free and potential takeovers discussed with investors from multiple countries, no resolution has been reached. The club faces a daunting future, with their loyal fan base and local community anxiously awaiting developments.