Inverness Caledonian Thistle has taken a major step towards a brighter future following a breakthrough meeting with key stakeholders.
Joint Administrators from BDO confirmed that talks with loan creditors, major shareholders, and a former director have led to a significant agreement in principle.
The parties have agreed to heads of terms that would see loans written off and shares returned to the club.
This agreement is dependent on Inverness Caledonian Thistle successfully exiting administration and remaining operational.
The development comes as administrators continue active discussions with four to five interested parties about a potential offer for the club.
These talks will carry on through April as efforts intensify to secure the club’s long-term future.
The club entered administration earlier this year, leaving fans uncertain about what lay ahead.
This latest news brings cautious optimism to the Caley faithful and a glimmer of stability on the horizon.
BDO’s team expressed satisfaction with the progress and thanked the loan creditors and shareholders for their constructive stance.
They described the discussions as positive and essential to paving a viable way forward.
The return of shares and removal of debt would mark a vital reset point for the club.
Although the process is still ongoing, the tone from the administrators is one of growing confidence.
With several parties showing interest, the aim is now to identify the best offer that can restore Caley Thistle to financial health.
Supporters will be watching closely in the coming weeks as April’s negotiations unfold.
It is hoped that a successful deal will not only save the club but also give it the platform to thrive in seasons to come.
A solution that sees community and stability at the heart of the club’s future will resonate deeply with its loyal fanbase.
Inverness Caledonian Thistle has long been a cornerstone of Highland football, and this turning point may well mark the start of a comeback.
