Chinese and Portuguese investors reported to be interested in Inverness Caledonian Thistle

Alan Savage says there has been interest from Chinese and Portuguese companies to invest into Inverness Caledonian Thistle.

Savage has reported the interest after being appointed to take charge of the club by the board of directors to sort out its financial problems in a bid to find new investors.

Savage, who is chairman of the Orion Group, was appointed yesterday after it was revealed negotiations with Seventy7 Ventures, who were believed to be close to securing a deal to become the club’s majority shareholder, have been suspended.

In an interview with STV News on Wednesday night, who reported Savage has put in £150,000 into the club, Savage said the plan is to get the club financially secure and then sell it.

He says there has been international interest into investing into Inverness Caledonian Thistle as talks take place with interested parties.

Savage said: “We need to get it on to a even keel and then sell it.

“We have a couple of opportunities, a Portuguese company who have just bought Monza, plan to buy a club in England and Scotland as part of the overall plan.

“Inverness could fit well with them, and there are also Chinese investors who could invest in the club.”

Savage also said that the club did owe a significant amount of money to a number of parties.

He said: “The inland revenue and lots of suppliers are probably owed money to a quantum of £700,000.”

Savage said he has taken on the role to help solve the problems at Inverness Caledonian Thistle as a way of giving back to the city and the region.

He said: “I came up to Inverness with nothing in 1980, and have done well and I owe the community and city and that is what I am prepared to do.”

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