Highlands & Islands

Fans assured over future of Inverness Caley Jags stadium

Inverness Caledonian Thistle's stadium Image copyright Google

Inverness Caledonian Thistle FC's shareholders have taken ownership of the lease of the club's stadium and North and South stands.

A 99-year lease for the 15 acres (6.7ha) site was granted to Caley Thistle by Highland Council in 1995.

In 2001, construction company Tulloch, which built the stadium, took control of the lease when it agreed to write off a club debt of £2.4m.

Tulloch has now agreed to hand the lease back to ICTFC.

There had been concerns among some supporters that the building firm controlled the lease.

The deal reached does not include the stadium's car parks. However, Tulloch has agreed that the football club can continue to have access to the car parks for the foreseeable future.

Club chairman Graham Rae described the confirmation of the gift of the lease from Tulloch as a "significant milestone" for ICTFC.

He said it gave supporters "a much-needed assurance" over the future of the stadium and directors the chance to seek new investment for the ground.

Highland Council needs to approve the lease transfer, but Mr Rae said he was confident that this would happen.

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