Recovery from Financial Crisis
The owner of Inverness Caledonian Thistle (ICT) has credited addressing "simple things" with aiding the club's recovery from a severe financial crisis, ultimately leading to their success as League One champions.
In October 2024, ICT entered administration after accumulating debts amounting to millions of pounds.
Businessman Alan Savage intervened by providing an initial funding injection of £1 million, enabling the club to exit administration in September of the following year.
Reflecting on the measures taken during this period, Savage stated:
"It was about reassuring the staff, fixing things like shower heads, simple things that had gone wrong."
Promotion to the Championship
Inverness secured promotion to the Championship following a 2-1 victory over Hamilton Academical on Saturday.
Speaking on BBC Radio Scotland's Breakfast programme, Savage described administration as the most effective method to "clean up" the club's debts.
"They were in a mess,"
"A few initiatives had gone south and I think it was looking like the club would be liquidated.
They needed an injection of cash to pull it out of that and that is when I got involved."
Vision for Sustainability
Having served as the club's chairman between 2006 and 2008, Savage expressed his goal of establishing ICT as a sustainable entity that no longer requires financial bail-outs to survive.
He outlined new initiatives including positioning the club's stadium as a starting point for the North Coast 500 tourist route and hosting music events.
"We want more than one day a fortnight of football. We are trying to get life into the stadium every day of the week," said Savage.
