Save ICT Fund

Update, 15/10/24: On behalf of the Club, I would like to thank all those who have donated to our GoFundMe page. This morning, we were sitting at just over £80,000 which is a fantastic effort from you all. I would just like to clarify that should we go into Administration, all funds raised will be used to fund the club expenses in the Administration period and will not be expended on professional fees. There are no penalties for not reaching our target goal, and indeed the first payments have arrived at the Club over the weekend.

Scott Young

Interim Chairman

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Following the report to Shareholders dated 1st October 2024 in which the Club laid out its current perilous financial position, which was subsequently published in the media, the Board of Directors are exploring all avenues to raise funding to save the Club from entering Administration.

Since the Club was formed in 1994, it has been supported, financially, by various local businesses and individuals. However, as outlined in the report to the Shareholders, the club requires in the region of £1.4 million to £1.6 million to survive until the end of the 2024/25 season and has been unable to secure further investment. Of those funds, an amount of £200,000 is required immediately to meet the cash requirements of the Club for the current month of October and will need to be raised no later than Wednesday 16th October 2024.

The Club really appreciates the support it has had from fans over the years and recognises that it forms an important part of community life for many.

We would be grateful for any donations, large or small, in an attempt to save the Club.