02 Dec Tulloch gesture
Inverness are set to accept an “incredibly generous” offer which would see them gifted ownership of their £6million stadium.
Tulloch Homes has offered to give up its controlling interest in all three stands and cede it to the club.
The company built two of the stands at the Tulloch Caledonian Stadium in 2004-05, which enabled the club to play top-flight games in the Highlands after a spell in Aberdeen.
Caley Thistle chairman Kenny Cameron said: “When Tulloch built the second and third stands for us, it utterly transformed the club’s fortunes and gave us facilities that met the SPL criteria, enabling us to return six months early from our exile in Aberdeen, which was a massive benefit to all and a huge boost for the supporters.
“It’s no exaggeration to say that we owe much of our status as a member of the SPFL to those decisions by Tulloch.
“The progress of the club to its present position would not have been possible without the company’s ongoing generosity and this offer represents the latest chapter in a relationship which has greatly benefited the club. I will be discussing this incredibly generous offer with my fellow board members over the next few days and fully anticipate a speedy completion.”
Tulloch Homes chief executive George Fraser, a former Caley Thistle chairman, added: “Tulloch Construction built the north and south stands in just 47 days, bringing the current capacity to 7,500. That was over a decade ago and when we completed the work we always hoped to one day be in a position where we could offer the stands to the club, enabling them to assume ownership and to safeguard the club’s future.”
Cameron added: “Financially, this gesture from Tulloch is an enormous windfall for a club of our size. When George approached me and told me what Tulloch were proposing, I simply couldn’t believe it.”
While Caley Thistle’s future now looks far more stable, on-loan winger Billy King is facing further uncertainty following the departure of Robbie Neilson as head coach of his parent club, Hearts.
King’s Tynecastle contract still has six months to run once his Inverness loan ends and he will now look to impress whoever takes over at Hearts as well as his Inverness boss, Richie Foran.
“As it stands I’m here to the end of the season, so I’m focused on giving my best for Inverness,” King said.
“Everything is up in the air and you never know what’s going to happen. I’ll see what happens at the end of the season and I’ll focus on playing well for Inverness.”
King’s immediate focus is to help Inverness bounce back from three consecutive defeats when they face St Johnstone at McDiarmid Park.
Caley Thistle have conceded 11 goals in four matches and have been working on tightening up ahead of the trip to Perth.
“We’ve been doing more one-v-ones,” King said. “The gaffer and Brian Rice have singled out one-on-one situations that we need to get better at all over the park. We’ve been working on that in training all week and that’s what we’re trying to improve on.”