Inverness Caledonian Thistle have accepted a proposal for his or her majority shareholding to “secure the future of the club”.
UK-based sports activities, leisure and leisure group – Seventy7 Ventures – have agreed a deal for the membership who had been relegated to League One final season.
Plenty of events had been believed to be considering taking on the 2015 Scottish Cup winners, who admitted they must enter administration ought to they fail to search out recent funding.
Inverness – managed by Duncan Ferguson – had been relegated to the third tier in Scottish soccer after dropping the Championship play-off closing final season.
Final month the membership needed to scrap their controversial plans to maneuver their coaching base 136 miles south to Fife in a bid to chop prices and assist entice new gamers.
In a press release, board of administrators spokesperson Panos Thomas mentioned: “We’ve got obtained a proper supply to amass a serious shareholding and voting rights of the corporate and this has been unanimously accepted by the board.
“Ketan Makwana, the manager chair of Seventy7 Ventures, has been a most dynamic suitor for the membership prior to now few weeks and following the latest assembly with him in Inverness, when he outlined his imaginative and prescient and keenness for what the membership may develop into, it was clear these plans and the monetary backing of Seventy7 Ventures will give ICTFC one of the best alternative to flourish once more.
“This is very good news for the club as we strive to establish a more sustainable business and build a team that will, in the first instance, return us to the SPFL Championship.”
Makwana added: “We are relishing the opportunity to drive sustainability and growth in the club and lead them to future prosperity.”
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