Manager Duncan Ferguson is volunteering his services to guide Inverness Caledonian Thistle through a tough financial period.

The former Scotland striker is working without pay as the Highland side seeks to raise £200,000 in the next two weeks through a fundraising campaign to avert administration.

In addition, the Scottish League One outfit has contacted financial advisors who have experience handling similar issues for Rangers, Heart of Midlothian, and Dunfermline in the hope of finding a resolution quickly.

Inverness have announced an upcoming open meeting for shareholders, supporters, and stakeholders, scheduled for Monday, October 7, at 7:30pm at the Caledonian Stadium.

During this gathering, the board will address key questions regarding the club's future. Interim chairman Panos Thomas communicated with shareholders through a statement on Wednesday, emphasising the urgent need for the club to secure a six-figure amount by October 16 to avoid potential insolvency.


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"I felt it would be appropriate for myself to offer my wage into that pot," the Inverness gaffer, who hasn't received any cash from his employers since August, admitted during his press conference on Thursday.

“That’s by the by, it’s my own decision to try and help the club get through this.

“The players are worried. They have contracts to fall on, but it is the people around about the stadium, everyone’s jobs are on the line.

“When the players have come to me, I’ve just told them to crack on, get yourself fit, ready and motivated for Saturday.

(Image: Ross Parker - SNS Group) “I think you know since I’ve been here I’ve taken cuts and reductions. Now, when I realise the position the club is in needing to raise £200,000, I decided I don’t need to get paid my wage.

“I’ll work for nothing for just now to try and get them through this. The plight of the staff was in my mind. It always is.

“I like to think I’m a caring person and I like to look after my staff and people around about me.

“At the moment, I’ll get through as best I can and try and keep putting petrol in my car and food on the table.”