Torquay united formally enter administration

Its has been confirmed today that Scott Kippax, Neil Vinnicombe and Simon Haskew of Begbies Traynor have been appointed as joint administrators of Torquay United AFC Limited.

It should be stressed once again that this is a significant and positive step towards the transfer of the Club to new owners.

TUFC can confirm that it has now received firm bids from parties interested in purchasing the Club, and a further announcement is anticipated to be made within the next fortnight, when it is hoped that the Club will then be in a position to confirm that its long-term future has been secured.

With Torquay United having already been subject of a ten-point deduction for announcing its intention to appoint administrators on 22nd February 2024, supporters are assured that the Club being placed into administration will have no additional bearing on the team’s National League South status, and that no further points deduction will be applied.

At the moment, it will very much be business as usual on and off the pitch here at Plainmoor, with Aaron Downes’ side looking forward to the remaining five fixtures in order to retain their National League South status, whilst the Club continues to rely on all income generated to continue functioning during this interim period, through usual club business and fundraising, and also via the generous donations it continues to receive from supporters.

Although the administration process is the latest, important step in securing Torquay United’s long-term future, it continues to be a testing time for everyone associated with the Club – be it  players, staff or supporters. The unity shown by everyone continues to shine through though, and the determination to ensure that United’s future will be a brighter and more sustainable one is clear for all to see.

Everyone here at Plainmoor remains hugely grateful, and humbled, by the continued support of our beloved Yellow Army, who continue to inundate us with messages of support and donations to help the Club continue fulfilling its 2023/24 fixtures.

It has been said before, but we are only too happy to say it again – every single Club employee cannot thank you all enough for all the support you continue to show us.

Every single donation – whatever the value – is hugely appreciated, with the spirit of the Football Family once again on full show this week, as the Community Trusts of Torquay and Exeter joining Plymouth’s Senior Greens in making donations to help our Football Club stay alive.

Thanks to the continued support of the Yellow Army – and our friends from all across the local community and footballing world – the total donations received as of Wednesday 27th March has now reached an astonishing £29,489.32