The Board of Directors at Torquay United have announced that they have 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 and National League.

The Torquay United 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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