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Inverness Thingummy Thistle


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Spelling out the extent of the club's problems, Gardiner last night told Sportsmail: 'We need working capital. Our revenues are through the floor in the championship.

'We are in the second tier and we can't afford it.

'We have been speaking to some of the big shareholders appealing to them to help us find working capital because we don't have the revenue to continue as we are.

'We need them to step up now.

'We have done all we can to steady the ship. We have no debt now, no soft loans any more, no bank debt and we own the stadium.

'But unless we have an investment of cash we will find ourselves in a precarious position.'

https://www.dailymail.co.uk/sport/football/article-7532541/Inverness-Caledonian-Thistle-latest-British-club-face-threat-administration.html

 

Should be in a good position.  Sounds like the club are just spending too much.

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