Torquay United will have a new owner as of Monday (December 19) after the board unanimously approved the club's sale.
A 'subsidiary of Gaming International' Riviera Stadium Limited will own the controlling stake of the club.
In an statement they said:
The Board OF TUAFC are pleased to announce that they have today unanimously approved the sale of a controlling shareholding to Riviera Stadium Limited (RSL).
It is expected that contractual terms will be finalized on Monday 19th December, subject only to formal approval to the takeover by The Football Association National League.
A further release will be issued on Monday 19th December.
The TUAFC directors are hoping that the completion of the RSL deal will put an end to a protracted period of uncertainty, and offer the Club the opportunity to develop and succeed, both on and off the pitch.
RSL is a member of the Stadia UK division of Gaming International Limited, a UK-based leisure group.
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Christmas lights will not be strung up in Torquay's Union Street this year.
Torquay Chamber of Commerce confirmed the cancellation "with regret".
A special Christmas Lights group had been asked to rescue the lights from a backdrop of major losses in 2015, but said that they could not overcome some very serious obstacles in time for this year's display.
We will continue with our efforts and intend to bring back the lights next year.
"This was not just an ordinary circumstance of raising funds, there were major infrastructure issues as well, and these were at the roots cause of the problems for this year."
A woman found floating in the sea just off Torquay has died in hospital, according to police.
A passer-by alerted emergency services to a body floating in the water near the steps at Meadfoot Beach in just after 11pm on Friday 21 October.
Police and paramedics pulled her from the sea and treated her at the scene. She was taken to Torbay Hospital but later died.
The woman was in her forties and lived locally. Her next of kin have been informed but police have not yet released her name.
The Independent Police Complaints Commission (IPCC) has begun an investigation following the death of a 35-year-old man in Devon & Cornwall Police custody.
Initial indications are that officers at Torquay custody suite noticed the man was unwell in his cell in the early hours of this morning (14 September 2016).
An ambulance was called and the man was taken to Torbay Hospital, but he sadly died.
After being notified by the force, the IPCC determined that an independent investigation should be carried out. Investigators are at Torquay Police Station today examining the scene and gathering relevant information.
The man is yet to be formally identified. A post mortem will take place in the coming days.
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Three people are in police custody after a firearm incident in Torquay.
Police were called at around 9.30pm on Monday 29 August with reports of gunfire being heard and a vehicle being rammed in the Fore Street area.
Police Armed Response Units were called to the scene and one man was found with a number of pellet wounds - believed to have been from an air rifle. He was taken to hospital.
ARV units and police officers, supported by the dog unit and the police helicopter launched a major search across Torquay to locate the suspects.
Police found an abandoned car as the suspects attempted to flee the area. Police dogs tracked the suspects and a 20-year-old female and 18-year-old man was arrested.
Police also tracked another suspect to a property in Falloway Close and a 27 year-old man was arrested at around 5am this morning.
All three suspects remain in police custody on suspicion of causing GBH; the man who sustained the pellet wounds has already been released from hospital.
Police are appealing for witnesses and would like to hear from anyone who was in the Fore street area of Torquay around the time of the incident.
If you have any information you can:
- contact police on 101
- email firstname.lastname@example.org quoting log number 995 for the 29th August
- you can also give information anonymously on 000 555 111
Police have closed a road in Torquay as they respond to an ongoing incident.
The Strand (A379) is currently closed in both directions between Victoria Parade (The Clock Tower) and Fleet Walk.
It's after reports of an incident involving a firearm.
The road is likely to be closed for much of the morning.
More to follow.