A group is hoping to buy a former Royal Navy frigate to sink off the coast of Torquay and use as an artificial diving reef.
Wreck the World say having a dive attraction will boost the local economy, and highlight the success of HMS Scylla, which was sunk off Whitsand Bay in Cornwall in 2004.
The group have the backing of Torbay Council, the Harbour Authority and the Maritime and Coastguard Agency.
These people in Torquay are also in favour:
More top news
A teenager has told ITV News how he and a friend braved freezing conditions to rescue a man who had fallen into the River Tamar.
A single mum who was left an anonymous note with a fiver by a stranger on a train has been able to thank her benefactor in person.
Second blast of wintry weather forecast for the UK says weatherman Alex Beresford.