On behalf of the Board of Directors, Interim Chairman Panos Thomas:
After months of uncertainty surrounding the future of Inverness Caledonian Thistle Football Club, the Board of Directors have appointed local businessman Alan Savage to take charge of the struggling Highland Club to put the team in a firm financial position.
Working alongside the Club’s Board of Directors, Savage has taken the initiative to oversee the organisational restructure of the Club as they seek to remedy their financial issues, with Chief Executive Officer Scot Gardiner leaving his role with immediate effect.
The Club have also suspended negotiations with Seventy7 Ventures, who had been seeking to acquire a majority shareholding, with Savage beginning immediate work carrying out an internal forensic review of the Club’s financial position to establish plans for the Club’s future and setting the team into a viable position for new ownership.
Savage and the Board are now looking to rejuvenate the connection between Inverness Caley Thistle and the community which will be integral to the long-term future of the Club and are seeking support from local businesses to address the immediate financial shortfall until further long-term investment can be secured.
The Club are now working with Scottish sports marketing agency GRM Marketing to engage with a number of investment leads and commercially drive the club forward.
Inverness Caley Thistle is hopeful that the community will once again rally around the team and come together to support the new foundations being established.