MILLER Commercial have recently been instructed to seek “expressions of interest” on behalf of Truro City FC.
The club was rescued from administration approximately five years ago by local businessmen, Peter Masters and Philip Perryman. 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 having reached the first round proper of the FA Cup for the first time in their history earlier this season with a trip to Charlton Athletic.
With the club having agreed rights to play at the planned Stadium for Cornwall, Truro City FC is in great shape and the current owners are now looking for a new investor or new outright owner(s) to come on board, 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," said Mr. Masters. "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.
"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 the club’s agent Paul Collins of Miller Commercial on 01872-247029 or via email: email@example.com
Updated 19:56 - 13 Jun 2018 by Truro City Football Club