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00:00Inverness Caledonian Fissile, a club that once brought the Scottish Cup to the Highlands,
00:06now finds itself at a crossroads. Here are five key questions on everyone's mind following the
00:12major development at Caledonian Stadium. What does administration mean for Cali Fissile's future?
00:18Administration means the club's financial control has been handed over to BDO,
00:22who will now work to stabilise the finances by cutting costs and potentially finding a buyer
00:27or reaching an agreement with creditors to secure the club's survival. What happens to the club's
00:33assets like the stadium and facilities? Well, BDO will review all the club's assets including the
00:39Caledonian Stadium and training facilities to see if selling, leasing or restructuring ownership
00:45could help pay off creditors. Why did Cali Fissile fall into administration?
00:51Years of accumulating financial losses left the club in a precarious state,
00:55and after falling short of their £200,000 crowdfunding target, administration became
01:01inevitable. What happens to the players and staff now? Player contracts are the first priority for
01:08administrators, but redundancies among other staff are to be expected as BDO works to cut costs.
01:14This could mean fewer staff to support daily operations and a leaner playing squad if player
01:19departures occur. How will administration impact the team's performance and standing? The club will
01:25continue playing matches and despite winning their most recent match last Saturday, they'll be
01:30hit with a 15-point deduction this season. This sends ICT to the bottom of the League One table
01:36on minus three points, making it difficult to avoid relegation without major changes.
01:41As BDO navigates through administration,
01:44fans and the wider community can only watch and hope for a positive outcome.