Truro City Football Club looking for new owners

We have recently been instructed to seek “expressions of interest” on behalf of one of the South West’s most successful football teams, namely Truro City Football Club which was rescued from administration approximately 5 years ago by local businessmen, Peter Masters and Philip Perryman.Pic1

During their tenure, and following considerable financial investment by them, the club now finds itself debt free and playing in the upper echelons of the Vanarama National League South.

The pair committed to a five-year investment plan the result of which finds the club currently sitting in the play-off positions and reaching earlier this season for the first time ever the first round of the FA Cup which resulted in a memorable and historic match against former FA Cup winners Charlton Athletic.Pic 2

With the club having agreed rights to play at the planned Stadium for Cornwall, Truro City Football Club is in great shape and the current owners are now looking for a new investor or new outright owners as chairman Peter Masters outlines:

“It has been well documented that my Co Director Philip Perryman was going to step down at the end of the current season after completing a five-year stint with the club.

The club is now starting the process of looking for a co- investor to come in alongside myself or, alternatively, for someone to come in and take control completely in order to take the club on to the next level.Pic3

Obviously anyone considering a venture such as this will need to meet certain requirements of the Football Association and be of a sound financial footing given the considerable annual investment a club such as this requires.”

Potential investors looking to get involved in this unique opportunity should in the first instance contact our Business Transfer expert Paul Collins, who is acting as the club’s agent, 01872 247029 or via pc@miller-commercial.co.uk


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