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Caley Thistle announce Extraordinary General Meeting for start of October


By Andrew Henderson

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Inverness Caledonian Thistle have announced that they will hold an Extraordinary General Meeting for shareholders at the start of next month.

A club statement said the meeting was called "as an open and transparent forum for all shareholders to be briefed on our current issues and challenges, as well as consider some new proposals and other possible options."

The announcement on the ICT website continued: "As there have been talks with a number of individuals and businesses over the last few months, it is the club's position that in the interest of transparency, the shareholders should be updated about these talks (where confidentiality allows) and therefore, and EGM is seen to be the reasonable platform for this."

Caley Thistle's financial situation has been a key subject in recent Annual General Meetings, with the club revealing earlier this year that it was losing £800,000 per year in the Championship compared to life in the top flight.

However, the Caledonian Stadium lease being returned to the club at the start of 2019 was a major boost.

The EGM will be held at the Caledonian Stadium at 7.30pm on Thursday, October 3.

It is expected that a public meeting for fans who are not shareholders will be held in the aftermath of the EGM.


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