Duncan Ferguson sacked as Caley Thistle manager

Manager Duncan Ferguson has been working for free as the club fights for survival

Duncan Ferguson has been sacked as the manager of Inverness Caledonian Thistle.

The club is fighting for its survival after entering administration due to a financial crisis.

Ferguson, who had been working for free, said he and two coaches had been let go by the club. Other players and staff are expected to hear if they still have jobs on Thursday.

Administrators BDO said they were working to "secure the long term future" of the Highland team.

Earlier, Ferguson told BBC Scotland News he had "always been against administration".

After being let go, the former Scotland international said: “I’ve done the very best I can for my club and for my players.

"I’ve always tried to support my players behind the scenes and they all know that. And that’s the most important thing for me.”

He described the process of administration as “brutal”, but said that he had enjoyed his time at the club.

'A tough ask'

Inverness have had 15 points deducted as a result of administration, meaning they face potential relegation from League 1.

They now sit bottom, on -3 points. Regardless of what division they are in next season, they will start on -5 points.

Ferguson added: “I think the club can stay in the division if they hold onto their players. If not it’s going to be a tough ask.”

He joined Inverness last September following the sacking of Billy Dodds, with the club sitting bottom of the Championship at the time.

Caley Thistle were later relegated in a play-off against Hamilton Accies.

A former Dundee United, Rangers, Everton and Newcastle United player, Ferguson was appointed to his first full managerial role at Forest Green Rovers last year.

Former chairman Alan Savage says he is confident the club can be saved

Administrators are attempting to find new owners to rescue the club. If that fails, assets could be sold and the money raised distributed to creditors.

Investor Alan Savage, a former club chairman, told BBC Scotland News he would give it his "best shot" to help save the club.

Asked if he was confident it could be saved, he replied: “Of course I am yeah.”

Savage pledged to help anyone who lost their job to find a new one.

Asked about his own potential role at the club if it survives administration, he said: "It’s a step by step process and until we’ve gone through those steps it’s a bit early to say.”