IN A move praised as helping to ‘secure the future of professional sport in Cornwall’, the Board of Truro City FC is pleased to announce today that contracts have been exchanged for its purchase by the Cornish Pirates.
Negotiations on the purchase, which is still awaiting final National League and FA approval, have been underway for six weeks with the full co-operation and support of the Cornish Pirates and Truro City FC owners. The rugby and football teams will continue to operate as separate entities with individual boards and management.
Director of Sport First Agency, Alex Black, who has over 20 years’ experience of working in professional football, has been acting in a consultancy role throughout the purchase and will continue in that role to ensure professional completion of the sale.
Truro City FC will continue to play at Treyew Road for the foreseeable future.
Dicky Evans, majority shareholder of the Cornish Pirates, said the sale is great news for sport in Cornwall as well as both professional clubs.
“As we worked through the Stadium for Cornwall business plan, it became apparent that this was an obvious move for us,” he said. “Peter Masters and Pep Perryman have been supportive throughout the process and there is a strong desire to make this a success.
“This purchase secures the future of professional sport in Cornwall. We have said throughout that the Stadium for Cornwall is for all sport and not just rugby, and this news confirms that position. We all share a passion to bring professional sport of the highest level to Cornwall and to create pathways for young people to achieve their dreams of playing professional sport in the county.
“I want to ensure staff, players and the fans of Truro City FC that we will be continuing growth at the club and ensuring it can play at the highest level possible. I also want to personally thank all of those involved in both clubs for their continued support as we enter a new and exciting time for sport in Cornwall.”