Vanarama National League club Torquay United have been taken over by Swindon-based Gaming International.
The deal ends months of speculation about the future of the Gulls, who were facing financial difficulties.
The news was confirmed in a statement on the club’s official website with the Gulls saying “Riviera Stadium a subsidiary of Gaming International, today purchased a controlling interest in Torquay United AFC. The acquisition is subject to ratification by the National Football League and ends months of uncertainty for the Club and its supporters”
In the statement Chairman and Chief Executive of Gaming International Clarke Osborne “I am pleased that we have completed the purchase of this proud and well supported club with such a long history.
“There has been much speculation over our intentions for the Club and much comment on the conduct of the Directors and I would like to take this opportunity of assuring everyone connected with and supporting the Club that we will try our best to secure the Club’s long term future and bring success on the pitch and commercially.
I want also to say that supporters owe a vote of thanks to the Directors and Thea Bristow for their huge investment of time and money to keep the Club alive”
“I would like to take this opportunity of assuring everyone connected with and supporting the club that we will try our best to secure the club’s long-term future.
“Success on and off the field cannot be guaranteed but we can improve the odds by working together and I hope that in the weeks and months ahead we can do just that, work together.
Everyone’s input in the future direction of the Club is welcome and we plan to hold a forum to launch the work on the Club’s 5-year plan early in the new year”
The Gulls currently sit in seventeenth position in the Vanarama National League table, four places and five points above the relegation zone and face promotion chasing Forest Green Rovers at home on Boxing Day.
Article: Mark Carruthers (@marknldaily)