Emergency board meeting at Caley Thistle amid reports Kelty training plan could be scrapped
The crisis at Inverness Caley Thistle appears to be deepening tonight after a day when two “bombshell” announcements were made – Ross Morrison resigned as chairman and the club lost a major contract for off-field revenue.
Now sources have told The Inverness Courier that an emergency board meeting was called for this evening amid reports about a U-turn on the controversial move to Kelty Hearts.
Sources have told the Courier that the plan to move the training ground to Fife – a tinderbox issue for many supporters – could be off amid a fan boycott of season tickets and merchandise that could paralyse the club financially.
The calling of an emergency board meeting would be the logical, perhaps even necessary step, at this stage, at the very least to appoint an interim chairman and deal with several pressing issues.
Above all Caley Thistle must deal with what appears to be a growing financial crisis. The accounts are late and without them being signed off by the accountants the club cannot get an SPFL licence to play in League One.
The second is that a long-awaited regular revenue stream in the form of offering a park and ride to the developers of the Red John/Loch na Cathrach hydro scheme on Loch Ness is now off.
The company now responsible for the development is the Norwegian Government-owned Statkraft, it said this afternoon that it has “been unable to reach a commercial agreement with Inverness Caledonian Thistle”.
There is also the matter of £350,000 that the club was expecting from the company after it extended its option on the 250 spaces next to the stadium which does not appear to have been paid.