INVERNESS manager Terry Butcher is set for talks with Hibernian after being granted permission to speak to the Edinburgh club.
But Caley Thistle have vowed to do everything possible to hold on to the former England captain.
Inverness play Hibernian at Easter Road on Saturday and it is unclear which dugout Butcher will be in, if any, as Hibs have already asked Jimmy Nicholl to continue in his role as caretaker boss.
Caley Thistle yesterday confirmed they had received an official approach from their Scottish Premiership rivals, who have been looking for a new manager since Pat Fenlon quit on Friday, and accepted Butcher's desire to speak to Hibs chairman Rod Petrie.
But they hope he remains loyal to the club as he did in January when he rejected a more lucrative offer to take over at Championship club Barnsley.
Inverness chairman Kenny Cameron said: "Terry has been informed of the situation and has expressed an interest in meeting with Hibs officials. The club has, with great reluctance, granted him permission to do so.
"We will, however, continue to do everything possible to ensure that Terry remains our manager."
CAULFIELD: CORK CAN BE FORTRESS
JOHN CAULFIELD wants to turn Cork City into a side capable of challenging for honours.
Caulfield, 48, won league and FAI Cup honours in his time as a Cork City player and now, after an impressive spell in charge of UCC, he's been brought back to Turner's Cross as first team manager, hoping to bring back the good times.
"My targets are very positive. We finished sixth in the last two seasons and I feel that we can get higher," said Caulfield.
"The potential at this club is fantastic and I really want to see if we can get the crowds back in and make Turner's Cross a fortress again. I want us to be really competitive."