[OS] Ownership Update: 21/03/24

[TorquayFans.com]

Torquay United FC would like to provide our supporters with a further update on the current situation at Plainmoor, as work on finding new ownership of the Club continues. Off the field, the Club remains out of Administration but under the continuing protection of an interim moratorium. Meanwhile, preliminary discussions have commenced with interested parties concerning the structure and timing of arrangements which would bring about a change of ownership and stewardship of the Club. By their nature, these conversations remain confidential.  More details can be shared once a clear front runner has emerged and matters are concluded. As confirmed yesterday, the Club can confirm that ALL player and staff wages have been secured and processed for the month of March, and we would again like to thank all our loyal supporters, in addition to the local community and whole football family for their continued and unwavering support during this testing period. Devon Day With every penny paid into the Club directly assisting us in our continued battle for survival, increasing attendances at Plainmoor remains the most effective way of ensuring Torquay United FC continues to function as a professional football club. Therefore, we greatly appreciate the efforts of both Plymouth Argyle and Exeter City supporters, who have joined forces in urging their fellow fans to temporarily relocate to the English Riviera this Saturday! With both of our Devon rivals actively encouraging their respective fanbases to show their support to The Gulls during an international weekend which has left their own club without a first-team fixture, we are sure that the Yellow Army will warmly welcome any visiting Pilgrims or Grecians into Plainmoor, as local rivalry is temporarily put aside to help ensure there continues to be three professional football clubs in our wonderful county. If you know of any Argyle or City friends or workmates that are lamenting a fixtureless weekend, be sure to tell them: Plainmoor is certainly the place to be!   How can I help, and where is the money going? Following the update of donations now hitting near £23,000, donations continue to be gratefully received via the link HERE. Supporters can be assured that all money being paid into the Club – be it via tickets, purchases or donations will ONLY be used to ensure the Club’s essential operating costs are met – in effect, to help Torquay United continue functioning as a professional Football Club, and fulfilling its fixtures. Your money will NOT be used in any other way. With so much goodwill being shown by so many people, the Club wishes to clarify that only by paying donations directly into our designated PayPal account, can supporters be guaranteed that these funds will be used to ensure Torquay United continues to function during this uncertain period. In the meantime, supporters with any queries can continue to email [url=mailto:[email protected]][email protected][/url], meanwhile our Frequently Asked Questions page with questions raised by supporters will continue to be frequently updated, the FAQ page can be found HEREThe post Ownership Update: 21/03/24 first appeared...

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