Inverness Caledonian Thistle FC has officially entered administration, marking a significant chapter for the Highland club. Established in 1994, Inverness has celebrated notable achievements, including two Scottish First Division titles and a Scottish Cup victory in 2015.

The club’s financial troubles intensified following their relegation from the Championship at the end of the last season. Joint administrators James Stephen, Malcolm Cohen, and Shane Crooks from BDO have been appointed, confirming the move on October 22, 2024. They acknowledge the challenges ahead for the club, its dedicated staff, loyal supporters, and the local community, promising to outline a plan to secure its long-term future.

As a consequence of the insolvency, the Scottish Professional Football League (SPFL) has imposed a 15-point deduction, leaving Inverness at the bottom of the League 1 table, 12 points adrift and in jeopardy of further relegation.

Since its formation through a merger between Inverness Thistle and Caledonian FC, the club has risen through the leagues, achieving major milestones, including a historic Scottish Cup upset over Celtic in 2000. By 2004, Inverness Caledonian Thistle had ascended to Scotland’s top football division, maintaining a steady presence there for the next decade. They made headlines by reaching the League Cup final in 2014 and clinching the Scottish Cup title the following year. 

Most recently, in 2023, they found themselves back in the Scottish Cup final, though they were defeated by Celtic in Ange Postecoglou’s farewell match. However, the subsequent season proved challenging, culminating in a disastrous league campaign that led to their relegation to the third tier.This, coupled with a series of misfortunes led to their recent plight, exacerbated by a failed £1.2 million bid to save the club and ongoing disputes among management.

Former manager Duncan Ferguson, who had been working pro bono to help the club, has been relieved of his duties along with two coaches. He expressed his commitment to the players and the club, calling the administration process “brutal.” The administrators are now focused on finding new ownership to prevent asset sales and secure the club’s future.