The club successfully reached an agreement with stakeholders, including Ross Morrison and David Cameron who have long been critical financial supporters of the club, to change loans to the club to equity in a move that will be a massive step towards securing the club's financial position.
Savage says he has invested around 200,000 in the club in the past week - allowing Saturday's 1-1 draw at home to Montrose to go ahead.
The decisive action taken by the board and stakeholders will enable us to put the club back on to a firm financial footing and I applaud the support they have shown to the club in this moment of need.
#scottish-football #inverness-caledonian-thistle #financial-management #equity-conversion #debt-reduction
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