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Inverness on the brink of administration as club open talks with firm that handled Rangers implosion

dailyrecord.co.uk

Crisis-hit Inverness CT are on the verge of going into administration. Despite the efforts of former chairman Alan Savage in trying to find a new buyer, the League One club's inability to secure investment from elsewhere now appears to have sealed their fate.

Savage had forked out £200,000 of his own wealth to keep the club afloat in August, but the Highlands side are se to lose £1.2million this season.

They also add that leading football administrator Bryan Jackson - who is part of the accountancy firm BDO that oversaw the liquidation of Rangers in 2012 - has put Caley Thistle onto the BDO.

The company were also the administrators for fellow SPFL clubs Hearts and Dunfermline at the height of their financial troubles.

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