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 KSA Group Ltd to develop strategic marketing programmes to support the business plan and drive more company rescues.
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