Bid to save Truro City takes another twist as Conference offer reprieve
The bid to save Truro City has taken another turn today as the Football Confernce announced that it would be giving Truro City another week to find the £50,000 bond needed to ensure their membership of the League.
Truro City looked as though they were going to be expelled from the Conference South last night as a last-ditched bid to save the stricken Cornish club failed.
However, they they will now have until 5pm on Thursday 18 October to pay the money which covers the costs of teams travelling to Truro if the club folds.
The match against Dover Athletic, due to be played on Saturday at Treyew Road, is still off.
A statement from the Football Conference, said: "In respect of Truro City FC's membership of the competition, the Board has received encouraging information from the administrator about a potential buyer of the club. This opportunity did not come to light until Wednesday evening so it was not possible for the administrator to complete a purchase before close of business on Thursday. At an emergency board meeting held on Friday afternoon the directors expressed their hope for this latest development and granted the Club, through the administrator, seven further days, until 5pm on Thursday, October 18, to meet its requirements and complete a sale. If the club fails to meet this deadline, the board will be obliged to consider the club's further participation in the competition."