Trust News

Following an EGM of the football club, the 12% shareholding previously held by the Members’ Club will now be transferred to the ICT Supporters Trust. The press release issued jointly by the Club & Trust is below.

Inverness Caledonian Thistle have given their Supporters Trust the biggest slice of shareholding in SPL history.

Caley Thistle's Supporters Trust now own 12 per cent of club shares -- with Dundee United next in the SPL with 5.6 per cent followed by Hearts (3.5%) and Falkirk (3%).

The football club board has approved the transfer to the Trust of the shareholding from the Members Club, which now dissolves. The Members Club was a legacy of the 1994 merger between Highland League sides Caledonian and Inverness Thistle which allowed the new team to be born.

Caley Thistle chairman Alan Savage said:"The directors are very happy to agree the transfer to allow supporters of this club a significant stake, which makes the Trust one of our larger shareholders.

"The Members Club has passed into history and we applaud their recognition that it was time to move on. It makes sense that the shares go to those who actively support Caley Thistle now. Many of these fans were not associated with the former Highland League clubs.

"We're very pleased that our supporters now have more influence than those at any other SPL club. The Trust has shown a very positive and sensible approach and we look forward to closer links."

Supporters Trust chairman Les Kidger said:"It's another major milestone in the Caley Thistle story and our members are delighted to have such a strong voice at the table.

"We hope this feeling of ownership will help widen the club's fan base.We intend to work very closely with the board, which is clearly heading in the right direction.

"We're grateful to former Caley Thistle chairman David Sutherland, who encouraged us a couple of years ago when we first sought to untangle the legal and prcedural situation with the Members Club. And incoming chairman Alan Savage has shown equally strong support and enabled us to deliver what is good news for club and fans alike."

The Trust's shareholding will dilute to 10 per cent if the club's available for sale shares attract new investment. But Mr Kidger said:
"It is the principle that matters more than the amount. We would still be the most democratic club in the SPL."


supporters trust logoPRESS RELEASE

The Trust Board has issued the following statement today.

The board of the ICT Supporters' Trust last week contacted the ICT club board to express their concern regarding the current situation at the club. A meeting between both boards was also requested at this time.

Read more: Press Release 26-12-08


st_logoInverness Caledonian Thistle Supporters' Trust, in conjunction with ICT Events, are proposing to paint the toilets in the servery areas at Tulloch Caledonian Stadium in the run up to the start of the new season. Both organisations have come together and will provide the paint and equipment required, together with the expertise to manage the project. They need one more thing, though: volunteers.



Established in 2005, Caley Jags Together (formerly ICT Supporters Trust) is an Industrial and Provident Society, regulated by the Financial Services Authority under the name Inverness Caledonian Thistle Supporters Society Limited, registered no 2665RS.