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Caley Thistle: Administrators reveal takeover update and next steps to ‘rescue’ club

Administrators James Stephen, Malcolm Cohen and Shane Crooks of BDO say a majority of the 32 interested parties who participated in the sale process for Inverness Caley Thistle withdrew their interest during due diligence. The administrators are working to progress an offer from Alan Savage, which was seen as the only workable option for the club.