Written ByRobert Moore
Marketing Manager
Rob has over a decade of experience in web and general marketing. He has extensive knowledge of the Insolvency sector and has helped many worried directors with their questions.
Rob is now working with the Board at RMT KSA to develop strategic marketing programmes to support the business plan and drive more company rescues.
Update 30th April 2025
The club is likely to be bought by Alan Savage. This means a meeting has officially been called to vote on a company voluntary arrangement (CVA) which, if passed, would see the club exit administration.
The statement reads: “The Joint Administrators were delighted to see the club secure League One safety on Saturday. This is a testament to everyone involved at the club and something all should feel very proud about.
“Now that this has been clarified, the Administrators intend to hold a meeting on Thursday, May 22 to propose a Company Voluntary Arrangement for the creditors’ consideration.
“If the CVA proposal is approved, it will allow the club to exit Administration and retain its place in League One.
Inverness Caledonian Thistle has gone into administration having failed to secure new investment.
The P&J reports that this season the League One team stands to lose £1.2m.
Former chairman of Caley Thistle, Alan Savage has been searching recent months for a buyer for the team.
Savage kept the club running in August with his own £200,000.
According to the article, leading football administrator Bryan Jackson has assigned Inverness to BDO, the accounting company handling Rangers’ insolvency and serving as administrators for Dunfermline Athletic and Hearts.
With repetitions and a point deduction hanging, this will instantly cause problems on and off the pitch.
With a 15 point deduction from the SPFL, Caley Thistle’s chances of promotion back to the Championship would be seriously undermined.
Already five points off Queen of the South at League One, Duncan Ferguson’s squad is might find themselves lowest on minus six points.
The club has meanwhile declared Charlie Reilly’s loan from Dundee signed.
Joining on a temporary loan until January next year, the 22-year-old
As Reilly was nominated for Scotland League Two Player of the Year, he scored an amazing 24 goals and gave Albion Rovers 19.
What Does Going Into Administration Mean?
What Does Going Into Administration Mean?
Will I get my goods as the company has gone into administration
Will I get my goods as the company has gone into administration
Making Employees Redundant
Making Employees Redundant