20 potential bidders interested in buying ICT

Inverness Caledonian Thistle have confirmed they have received "expressions of interest" from 20 potential bidders.

The League 1 side are currently in administration, as administrators were appointed last month.

BDO, who have been brought in to get Caley Thistle through this process and find new investors, say interested parties will receive the relevant documents shortly.

Local community thanked for "ongoing support"

When appointed, administrators set out on trying to secure the long term future of the club.

This involved coaching staff, Duncan Ferguson, Gary Bollan and Stuart Garden leaving with immediate effect.

Inverness then confirmed players Adam Brooks, Cameron Ferguson, Flynn Duffy, Wallace Duffy and Jack Newman left following a review of the finances.

Today, the club took the opportunity to thank the local community for their recent support.

A spokesperson said: "The Joint Administrators of Inverness Caledonian Thistle have confirmed that they have received expressions of interest from 20 parties following the commencement of the sale process for the club.

"Interested parties will shortly receive further documentation outlining details of the investment opportunity.

"The Joint Administrators and the Board of the club would like to thank the local community for the ongoing support received via donations and through other commercial means. "

A BDO spokesperson added: “We have had many enquiries from people wanting to help and support the club financially, ranging from on-site restaurant opportunities to advertising and so on. Understandably, some have questioned where the funds will go.

"I’d like to stress that all funds raised will be used towards the running costs of the Club and will not be expended on professional fees or to pay historical creditors.”