Administration-threatened Inverness Caley Thistle in US takeover talks

Sunday Mail News

Administration-threatened Inverness Caley Thistle in US takeover talks
Inverness Caledonian Thistle FC
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The club has said it needs to raise at least £300,000 to pay ­creditors in the coming weeks or it could go under.

Administration-threatened Inverness Caley Thistle are involved in advanced takeover talks with American investors, the Sunday Mail can reveal.

It also understood the club directors have given them until July 25 to confirm their intentions following a meeting last week. A club insider: “The club is keen to conclude the current negotiations as quickly as possible to bring some financial stability. The figure included £2.1million owed to directors, including former chairman Ross Morrison who says he has ploughed £1.5million into the club in recent years.

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