The Joint Administrators of Inverness Caledonian Thistle can confirm that a positive meeting with loan creditors, major shareholders and a former Director of the club has taken place, resulting in heads of terms being agreed to facilitate the writing off of loans and the return of shares to the club. This is conditional upon achieving a successful exit from Administration and the club continuing to operate.
The Administrators have spent time re-engaging with a number of interested parties and are pleased to advise that discussions are ongoing with 4-5 parties regarding an offer for the club. This process will continue throughout April.
The Administrators are delighted with these developments and are appreciative of the position taken by the loan creditors and major shareholders.