Troubled Inverness Caledonian Thistle in talks with potential investor
Inverness Caledonian Thistle are in talks with a potential investor that could lead to the club avoiding administration.
Discussions are expected to take place with the investor on Thursday, with the club’s board meeting on Friday.
The Scottish League 1 outfit revealed earlier this month that administration was the most likely course of action but could be averted if fundraising efforts reach £200,000.
A crowdfunding website set up to meet that target currently sits at £85,000.
Losses ran to £1.2m last season and a similar loss is forecast for this term, but the club have warned that figure would not include money spent on restructuring following relegation from the Championship.
Duncan Ferguson’s side are second bottom of their division and host Annan Athletic on Saturday.
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