Topic: ICT going into administration? |
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61. Author: wee eck Date: Fri 11th Oct 2024. 10:09 Isn`t his dad, Charlie, the chief executive of ICT now? Reply |
62. Author: jake89 Date: Fri 11th Oct 2024. 10:28 Yes. This might sound like a crass question, but is the donated money ringfenced if they don`t meet the target? It would be a shame to see all that money go into an administration black hole rather than to try and sort out a pence in the pound deal. Reply |
63. Author: veteraneastender Date: Fri 11th Oct 2024. 11:18 Nothing crass about it - a perfectly reasonable question, I was about to ask the same. Better from the club`s perspective to retain whatever funds they have raised for post administration finances and probable relegation to the lowest tier. The downside of course is that a whean of debtors are liable to be shafted. A points deduction, may not result in going down - when it happened to Dundee the second time the team went on a club record unbeaten run (15 games ?)and avoided the drop. Post Edited (Fri 11 Oct 11:22) Reply |
64. Author: kelty_par Date: Fri 11th Oct 2024. 11:45 If they had a semi-competent man in charge they`d probably survive in League One but they don`t. Ferguson has already said that staying up won`t be possible if they get a 15 point deduction despite such a deduction only putting them 12 points behind Dumbarton who they also have to play 3 more times. Difficult but with a seige mentality doable. Reply |
65. Author: buffy Date: Fri 18th Oct 2024. 13:24 Unfortunately the deal with a business owner has fallen through. Admin looks the only way now. Club statement on their X account. ”Buffy’s Buns are the finest in Fife”, J. Spence 2019” Reply |
66. Author: wee eck Date: Fri 18th Oct 2024. 13:34 The crowdfunding appeal which hoped to raise £200k has now reached £86k so it has only raised £11k in the last week. Reply |
67. Author: PARSwede Date: Fri 18th Oct 2024. 18:39 Been confirmed going into administration.... Reply |
68. Author: NMCmassive Date: Fri 18th Oct 2024. 19:04 I hope they manage to sort it out but who knows 🤷🏻♂️ Ive got to say the Rangers lot that are celebrating it online are absolutely disgusting. If anything, I hope ICT pull through and then that lot watch Celtic do 10 in a row. COYP Reply |
69. Author: Raymie the Legend Date: Fri 18th Oct 2024. 19:07 Very sad news. The points deduction and some of their higher earners being released, will almost certainly mean relegation. Let’s hope they can rebuild next season and start the journey back up the leagues ? It`s bloody tough being a legend Ron Atkinson - 1983 Reply |
70. Author: PARrot Date: Fri 18th Oct 2024. 20:20 I hope they survive, but if they don`t or have to free up their best players, are there any we could try for? Reply |
71. Author: red-star-par Date: Fri 18th Oct 2024. 20:27 PARrot, Fri 18 Oct 20:20 What a vulture Reply |
72. Author: jake89 Date: Fri 18th Oct 2024. 20:37 Hopefully they can pull things together. Never good to see this sort of thing happen to a club. Shame on the vile Rangers "fans" gloating about it. Given their club shouldn`t even exist now they`ve got a nerve! Reply |
73. Author: red-star-par Date: Fri 18th Oct 2024. 21:11 jake89, Fri 18 Oct 20:37 Hopefully if it`s administration they fall into, they can get themselves out of that without liquidation. Could it all end up with the club being dissolved and Inverness Caledonian and Inverness Thistle being relaunched. Fans of the rangers are incredibly bitter, I think it really cuts them to the core to see that wee teams like Dundee, Livingston and Dunfermline found themselves in that position, banded together and saved their club, while they sat back and let their club die Reply |
74. Author: NMCmassive Date: Fri 18th Oct 2024. 21:22 red-star-par, Fri 18 Oct 21:11 In fairness, I don’t actually think Rangers fans had much of an option but the chat from some of them really bothers me. Maybe cos we went through it and I had that real thought that I wouldn’t be able to watch my team again 🤷🏻♂️ I know it’s just a bunch of idiots but still bugs me 😂 COYP Reply |
75. Author: Connor560 Date: Fri 18th Oct 2024. 22:28 PARrot, Fri 18 Oct 20:20 Paul Allan... C'mon Ye Pars! Reply |
76. Author: Dave_1885 Date: Fri 18th Oct 2024. 23:03 Connor560, Fri 18 Oct 22:28 Was waiting on that 🙄 slightly different from when we went into admin where players had to have a deal signed by end of March or not play again that season. Shame for them to have fallen into this position and seems slightly different from ours where its been other issues and funding rather than misspending of money. Hopefully they don’t go fully under though! And Rangers fans are just cretins. Reply |
77. Author: Buster_Brown Date: Sat 19th Oct 2024. 00:01 Always feel for the genuine fans when I read of clubs going into administration. We’ve been there, of course we have, but the players released find other clubs and the people who put the club there walk away. Those that suffer are the fans in the stands, fans on the board and fans in general as they have to pick up the pieces. Goes without saying that I hope ICT get through this! Reply |
78. Author: veteraneastender Date: Sat 19th Oct 2024. 10:00 It`s not unreasonable to assume that the terms which the potential saviour was putting on the table were unpalatable to the board and club beancounters. Likely that they would be punted sooner rather than later etc. with a brand new regime installed. Nobody was going to come along and give a condition free handout. Sad days for ICT - this will be painful. Reply |
79. Author: Raymie the Legend Date: Tue 22nd Oct 2024. 18:26 Sadly, it’s official now It`s bloody tough being a legend Ron Atkinson - 1983 Reply |
80. Author: wee eck Date: Wed 23rd Oct 2024. 17:28 Big Dunc and two coaches have been sacked. Reply |