Truro City Enters Administration
Truro City Football Club has gone into administration after the club has been in disarray in recent months with repeated court appearances, unpaid wages and uncertainty over who is in charge.
Latest ITV News reports
Future of Truro City put on hold
The future of Truro City Football Club has been put on hold at London's High Court for two weeks.
Read the full storyFuture of Truro City put on hold for two weeks
The future of Truro City Football Club has been put on hold at London's High Court for two more weeks.
There were fears that the club could've been wound up this morning over unpaid tax debts. But the court heard that the club is preparing an imminent application to go into administration.
Advertisement
Truro City Football Club in court
Truro City could face a winding up order in court today.
The football club went into administration on Friday and has been in disarray in recent months over repeated court appearances, unpaid wages and uncertainty over who is in charge.
Truro City to enter administration
It's been announced that Truro City is to enter administration.
It follows weeks of uncertainty for the side, court appearances over debts and unpaid wages. Behind the scenes moves were made to find a way of rescuing the cash-strapped club after its meteoric rise.
– Truro City Chairman, Chris WebbDue to the club's continuing financial difficulties, it has been reluctantly decided that we have been left with no option but to place the club in administration, and I confirm that this process is to begin immediately.
After their training session and meeting last night, the first team players informed us that unless the club took this course of action they would not turn out for the Boreham match tomorrow, in view of the non-payment of their wages for August and the continuing uncertainty over the club's future funding.
The move means that the club will automatically be deducted ten points as soon as an administrator is appointed.
Saturday's home match against Boreham Wood is expected to go ahead.
– Truro City Chairman, Chris WebbOur clear understanding at present is that arrangements which were agreed earlier for funding to cover the players' wages through to at least September 15 no longer hold good.
Obviously, this is an extremely difficult time for the club, but I can assure everyone concerned - players, supporters and staff - that I and my colleagues are working tirelessly to ensure that every possible effort is being made towards securing the survival and long-term success of the club.