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 ICTFC
Topic Originator: FA1968  
Date:   Fri 7 Jun 00:30

Looks like they are in big financial bother according to their FB page, appointing an insolvency practitioner in case a new owner or investor cannot be found.

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 Re: ICTFC
Topic Originator: OzPar  
Date:   Fri 7 Jun 04:09

There but for the grace of God, as they say. Our old ownership model operated on the smell of an oily rag. Had we not had the German investment, I do wonder if we would have survived relegation to League One or, indeed, got out of it. I hope ICT pulls through this.



Post Edited (Fri 07 Jun 05:12)
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 Re: ICTFC
Topic Originator: Fethiyespar  
Date:   Fri 7 Jun 12:20

Quote:

OzPar, Fri 7 Jun 04:09

There but for the grace of God, as they say. Our old ownership model operated on the smell of an oily rag. Had we not had the German investment, I do wonder if we would have survived relegation to League One or, indeed, got out of it. I hope ICT pulls through this.



Probably hear the name Brian Jackson soon, the football club insolvency expert. 2013 all over again, gives me the shudders even to this day.
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 Re: ICTFC
Topic Originator: widtink  
Date:   Fri 7 Jun 19:58

Seen this online earlier on press and journal website.

Stefan Winiarski, Kelty Hearts’ general manager, said: “We have not been told by anyone at Caley Thistle that the deal is off. An agreement was signed, but we haven’t heard from anyone at the club.

“We have tried to speak to the CEO and chairman, Scot Gardiner and Ross Morrison, but we haven’t heard back from them. But I believe they have both now stood down – no one else from the board of directors have got in touch.


“The only thing is we are now financially out of pocket due to refurbishment work we have carried out, as part of the deal.”

Admin

Post Edited (Fri 07 Jun 19:59)
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 Re: ICTFC
Topic Originator: Back_oh_the_net  
Date:   Sat 8 Jun 02:06

If it’s work that Inverness where going to pay Kelty back for then they will get the money back once the administrators move in since all football related debt must be settled first provided they have a contract with Inverness that is
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 Re: ICTFC
Topic Originator: Raymie the Legend  
Date:   Sat 8 Jun 17:24

What a mess




It`s bloody tough being a legend
Ron Atkinson - 1983
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 Re: ICTFC
Topic Originator: saltonsgonagetu  
Date:   Sat 8 Jun 22:46

Surely Kelry aren`t due anything , it`s Fife Council that own the place .

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 Re: ICTFC
Topic Originator: Alf  
Date:   Sat 8 Jun 22:48

Kelty own the buildings, they have carried out work at ICT instruction
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 Re: ICTFC
Topic Originator: arpar  
Date:   Sat 8 Jun 23:16

Can`t see Kelty getting anything. Seemingly no contracts were actually signed and the council hadn`t approved it.
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 Re: ICTFC
Topic Originator: PARrot  
Date:   Sat 8 Jun 23:28

Quote:

arpar, Sat 8 Jun 23:16

Can`t see Kelty getting anything. Seemingly no contracts were actually signed and the council hadn`t approved it.


You don`t have to sign anything to form a contract.
An offer, an acceptance, and an intention to form a legal agreement is enough


Seems like all of these components were well communicated for all to see.

Defo a contract.

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 Re: ICTFC
Topic Originator: parathletic  
Date:   Sat 8 Jun 23:47

How much have Kelty spent on the renovations? I can`t see it being a large amount and reckon this will get sorted no problem.I think the communication between the two is more the issue.It sounds like Inverness have bigger problems at the moment.

This article does suggest there was a signed agreement in place.

https://www.inverness-courier.co.uk/sport/kelty-hearts-still-waiting-for-inverness-to-tell-them-traini-352689/
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 Re: ICTFC
Topic Originator: jake89  
Date:   Sun 9 Jun 09:09

Quote:

parathletic, Sat 8 Jun 23:47

How much have Kelty spent on the renovations? I can`t see it being a large amount and reckon this will get sorted no problem.I think the communication between the two is more the issue.It sounds like Inverness have bigger problems at the moment.

This article does suggest there was a signed agreement in place.

https://www.inverness-courier.co.uk/sport/kelty-hearts-still-waiting-for-inverness-to-tell-them-traini-352689/


They spent upwards of £100 in B&M with purchases reported to include crushed velvet cushions and Johnstone`s Ocean Mist paint.
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 Re: ICTFC
Topic Originator: Socks  
Date:   Sun 9 Jun 13:47

Ther might have been an agreement between the two clubs, but a more relevant questions is whether or not Kelty were entitled to enter into such an agreement. The ground is owned by Fife Council, and it was incredible to read that they hadn`t been consulted.

https://www.dunfermlinepress.com/sport/24352588.fife-council-review-terms-kelty-inverness-deal/

The pitch there is meant to be for community use, though Kelty Hearts presumably have an agreement with Fife Council to use it for their own games and training. Did they just think nobody would notice if they tried to allow another club access to it and make money from doing so?

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 Re: ICTFC
Topic Originator: parathletic  
Date:   Sun 9 Jun 14:10

I thought the agreement was for office space,car park area and physio rooms although I don`t know anything about the ownership of said areas.
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 Re: ICTFC
Topic Originator: Fethiyespar  
Date:   Mon 10 Jun 15:06

Mark Ridgers contract ended last night, now a free agent.
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 Re: ICTFC
Topic Originator: Jeffery  
Date:   Mon 10 Jun 17:59

Quote:

Fethiyespar, Mon 10 Jun 15:06

Mark Ridgers contract ended last night, now a free agent.


Sign him up!


I think Inverness should look at their player development and recruitment. Every fan would like players from their local area but surely that is even more important up there? Use the best you can get locally, see what level that takes you to, and supplement it a bit if finances permit. All this talk about selling the housing the players use makes them sound a bit like mercenaries, only there for free lodgings...

In our last game against Inverness they fielded only 2 players from up that way, Cameron Harper, strongly expected to leave this summer, the other.....Mark Ridgers.

In that game ICT played 4 x English, 2 x Welsh and 1 x N.Irish men, so a majority weren`t even from Scotland. This is probably seen with a lot of premier league or championship teams but the ratio seems well off up there.

Ross County are no better but have Roy MacGregors millions. For all he talks about building a `legacy` and leaving behind a `sustainable football club`, he won`t really be doing that unless they also have a structure in place to develop players. They are a vanity project for him and will likely have the same difficulty as ICT when his investment goes.

I must have got out of the wrong side of bed today 😂
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 Re: ICTFC
Topic Originator: Axel  
Date:   Mon 10 Jun 20:22

Quote:

OzPar, Fri 7 Jun 04:09

There but for the grace of God, as they say. Our old ownership model operated on the smell of an oily rag. Had we not had the German investment, I do wonder if we would have survived relegation to League One or, indeed, got out of it. I hope ICT pulls through this.



Investment? Whit .enlighten me
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 Re: ICTFC
Topic Originator: Rusty Shackleford  
Date:   Mon 10 Jun 20:28

Quote:

Axel, Mon 10 Jun 20:22

Quote:

OzPar, Fri 7 Jun 04:09

There but for the grace of God, as they say. Our old ownership model operated on the smell of an oily rag. Had we not had the German investment, I do wonder if we would have survived relegation to League One or, indeed, got out of it. I hope ICT pulls through this.



Investment? Whit .enlighten me


Who do you think is funding the training ground development and financing the operating loss?
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 Re: ICTFC
Topic Originator: Athletico  
Date:   Tue 11 Jun 19:47

Some more horrible press for Caley. Team mates of Aaron Doran, a player who has been at Caley for 13 years, are crowd funding an ACL Op for him, as Caley have cancelled two ops and have gave no indication that he will get one, and he is now out of contract.

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 Re: ICTFC
Topic Originator: veteraneastender  
Date:   Tue 11 Jun 19:53

Technical error - sorry .

Post Edited (Tue 11 Jun 19:54)
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