Torquay report major losses

Entrance to Torquay's ground at Plainmoor Credit: Torquay United FC

Torquay United Football Club lost nearly a quarter of a million pounds last season - more than double the previous year - despite a major transfer windfall from the sale of three players.

The balance sheet also shows a 10% drop in turnover, and a deficit of £246,000 during a year which saw the Gulls just escape relegation.