Inverness Caledonian Thistle have accepted a proposal to amass a majority stake in a bid to “safe the way forward for the membership”.
UK-based sports activities, leisure and leisure group Seventy7 Ventures has agreed a cope with the membership which was relegated to the First Division final season.
Numerous events are believed to be thinking about taking on the 2015 Scottish Cup-winning aspect, admitting they must go into administration if new funding can’t be discovered.
Inverness, coached by Duncan Ferguson, have been relegated to Scottish soccer’s third tier after dropping in final season’s Championship play-off last.
Final month, the membership needed to abandon controversial plans to maneuver its coaching base 136 miles south to Fife to chop prices and assist appeal to new gamers.
Duncan Ferguson is the pinnacle coach of Inverness Caledonian Thistle
Panos Thomas, a spokesman for the board of administrators, mentioned in a press release: “We now have acquired a proper supply to amass a majority of the corporate’s fairness and voting rights, which the board of administrators has unanimously accepted.
“Seventy7 Ventures govt chairman Ketan Makwana has been the membership’s most lively suitor over the previous few weeks and following a latest assembly with him in Inverness the place he outlined his imaginative and prescient and enthusiasm for the membership’s future improvement, it’s clear that these plans and Seventy7 Ventures’ monetary help will present ICTFC with the very best probability of thriving once more.
“This is superb information for the membership as we work to construct a extra sustainable enterprise and construct a squad that can get us again into the SPFL Championship initially.”
Makwana added: “We’re delighted to have the chance to drive the membership’s sustainable improvement and development and lead them into future prosperity.”
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