Inverness CT directors convert or write off loans to aid push for new investment

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Inverness Caley Thistle directors agree to write off loans or turn them into equity in an effort to put the club on a better financial footing.

Inverness Caledonian Thistle directors have agreed to write off loans or turn them into equity in an effort to put the club on a better financial footing.

The SPFL were looking into complaints of unpaid loan fees to fellow SPFL clubs Dundee and Ross County. Livingston were also due money by Inverness. A major sticking point has been the level of debt the club is in and Monday's board meeting brought together many of those who have invested in the club, including former chairman Ross Morrison and directors David Cameron and Graeme Bennett.

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