STV News | Caley Thistle launch crowdfunder in bid to avoid administration #news #sports #football @stvnews | Uploaded October 2024 | Updated October 2024, 14 hours ago.
Inverness Caledonian Thistle are to set up a crowdfunder in the hope of raising £200,000 in the next two weeks to avoid insolvency.
It was revealed this week that the club had made contact with accountants who previously dealt with financial problems at Rangers, Hearts and Dunfermline, and that the business was on the brink of administration.
Interim chairman Panos Thomas has now laid bare the state of the club’s finances and says that an urgent injection of funds is needed to save the club from having to appoint administrators.
Inverness Caledonian Thistle are to set up a crowdfunder in the hope of raising £200,000 in the next two weeks to avoid insolvency.
It was revealed this week that the club had made contact with accountants who previously dealt with financial problems at Rangers, Hearts and Dunfermline, and that the business was on the brink of administration.
Interim chairman Panos Thomas has now laid bare the state of the club’s finances and says that an urgent injection of funds is needed to save the club from having to appoint administrators.