Inverness Caledonian Thistle adds another £2,300 to crowdfunding total in attempt to raise £200,000 to avoid administration

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Inverness Caledonian Thistle must raise almost a further £125,000 over the next five days if they are to avoid being announced into administration on Wednesday.

His As of Friday afternoon, the crowdfunding campaign totaled £76,802 – just under £2,300 more than the day before.

It has also raised around £3,000 in the last 24 hours, meaning it is currently collecting donations at a slower pace than necessary if it is to avoid a crisis next week.

If he is unable to lift £200,000 by Wednesday October 16, club says it will be forced to declare insolvency and go into administration.

The club also says it wants to raise between £1.4m and £1.6m to continue playing until the end of the 2024/2025 season.

If administration is implemented, Inverness Caledonian Thistle will have 15 points deducted from their current nine points, leaving them at -4.

They are 10 points behind Dumbarton, who is ninth in the table.

This is the club’s financial advisor, Alan Savage There are interested parties in Denmark, the United Arab Emirates and the United States who are considering making a bid for the club. However, there have been no updates as of Monday, but it is believed the meetings will take place this week.

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