Inverness Administrators ‘Confident that a Successful Outcome Is Achievable’

Inverness administrators ‘confident that a successful outcome is achievable’

Creditors will now vote on a Company Voluntary Arrangement (CVA) on June 5 amid a delay to ensure conditions are fulfilled.

STATEMENT BY JOINT ADMINISTRATORS OF INVERNESS CALEDONIAN THISTLE FC

Company Voluntary Arrangement meeting to be held on 5 June The Joint Administrators had previously set out the conditions of the offer from Mr Savage and had indicated that the meeting of creditors to approve the Company Voluntary Arrangement (CVA) would be scheduled for 22nd May. Huge progress had been made in respect of the conditions. The Joint Administrators are delighted with the responses and confident in proposing a CVA that can be approv…