Richard Chown Posted October 10, 2012 Report Share Posted October 10, 2012 Taken from Tiger Talk Fourm: Trust Statement It's with great sadness at present the administrators have failed to find a purchaser to work with us. Despite positive statements no cash has been forthcoming. At the moment members of the trust feel let down as the amount of man hours used in forming the trust have been immense and we were under the impression someone would front up Supporters of this club deserve to know where they stand, hence this statement. We shall keep trying to the death. Thank you to all genuine fans for your support. Link to comment Share on other sites More sharing options...
TheolderIgetthebetterIwas Posted October 10, 2012 Report Share Posted October 10, 2012 Its over methinks, shame really, after watching last week I would have gone again. Well you tried boys and girls, I'm genuinely sorry for you. Truro AFC will rise again I'm sure. Link to comment Share on other sites More sharing options...
Nemesis Posted October 10, 2012 Report Share Posted October 10, 2012 If anyone is serious about saving Truro City as a football club, they should be looking to save the SWPL side for a start - has anyone started negotiations for a groundshare for the remainder of this season ? The Conf Sth is gone, build on what is left, get some goodwill back. At the momemt, City are tarred with the same Ginger brush that swept all before him. Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 I think all involved in Cornish football will standby Truro City FC supporters in their hour of need. Link to comment Share on other sites More sharing options...
Soccer Follower Posted October 11, 2012 Report Share Posted October 11, 2012 Wouldn't be surprised to hear that something has been agreed later Link to comment Share on other sites More sharing options...
chairman Posted October 11, 2012 Report Share Posted October 11, 2012 I think all involved in Cornish football will standby Truro City FC supporters in their hour of need. I usually agree wholeheartedly with Richard, but oddly now find myself totally unsympathetic with their plight. Link to comment Share on other sites More sharing options...
chairman Posted October 11, 2012 Report Share Posted October 11, 2012 See that Cornwall Council have offered to put up money to help save Truro City F.C. What an absolute shambles we appear to have running our County considering the total mess called refuse collection and the threat of out - sourcing nearly everything else to massage Robertson's ego. And now the Truro farce! What else are we mugs going to tolerate? Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 BBC © http://www.bbc.co.uk/sport/0/football/19907501 Truro City could be expelled from the Football Conference unless a deal to save them can be reached by 17:00 BST. Talks between the Conference and the club's administrators are believed to have stalled over a financial dispute. It is understood Cornwall Council have offered £10,000 of the £50,000 required to cover other clubs' travel costs if Truro's results are expunged. "We are working with Cornwall Council," James Moore, the administrator's solicitor, told BBC Radio Cornwall. He added: "The council have agreed to help provide a contribution that will help enable Truro City to meet the Conference bond and the Conference are currently considering this proposal." Link to comment Share on other sites More sharing options...
le boss Posted October 11, 2012 Report Share Posted October 11, 2012 How can Public money be used to subsidise a problem which has ultimately been caused by a Private investor. Pretty sure that any other football club would be refused Council help if asked for. What justification can there be? The council does not benefit from the existence of Truro Football Club - or do they? As a tax payer, I would rather than money be spent on services for the benefit of the whole county. This is nothing personal against Truro F.C. but what makes them so special? Link to comment Share on other sites More sharing options...
Soccer Follower Posted October 11, 2012 Report Share Posted October 11, 2012 I am not in agreement with the PR DISASTER that is Cornwall Council using public money to shore up a failing business especially one that only attractes around 400 people to its latest home match (and that includes the away suuport) Link to comment Share on other sites More sharing options...
Goldeneye Posted October 11, 2012 Report Share Posted October 11, 2012 As a tax payer, I would rather than money be spent on services for the benefit of the whole county They've given millions to The Tate Gallery, The Eden Project, Heartlands etc - so a small amout to Truro City is OK with me. It works out to be about 2 pence per head of cornwall's population! Link to comment Share on other sites More sharing options...
chairman Posted October 11, 2012 Report Share Posted October 11, 2012 Can't compare the minority interest in City with the other projects mentioned. Link to comment Share on other sites More sharing options...
Goldeneye Posted October 11, 2012 Report Share Posted October 11, 2012 I thought you were objecting to the 'principle' chairman. Didn't realise your principles are changeable! Link to comment Share on other sites More sharing options...
chairman Posted October 11, 2012 Report Share Posted October 11, 2012 The principle of Truro College sponsoring City is one I cannot quite grasp. Link to comment Share on other sites More sharing options...
kempy Posted October 11, 2012 Report Share Posted October 11, 2012 The principle of Truro College sponsoring City is one I cannot quite grasp. Both Truro and Penwith Colleges sponsor the Cornish Pirates !! Link to comment Share on other sites More sharing options...
chairman Posted October 11, 2012 Report Share Posted October 11, 2012 Crazy if any money actually changes hands. Link to comment Share on other sites More sharing options...
St Darren Posted October 11, 2012 Report Share Posted October 11, 2012 I would say the sponsorship deal between the colleges and the clubs involves use of training facilities. Gym, 3g pitches etc Link to comment Share on other sites More sharing options...
kempy Posted October 11, 2012 Report Share Posted October 11, 2012 Some confusion on Radio Cornwall about will or will the Council help ! Link to comment Share on other sites More sharing options...
Mike Jones Posted October 11, 2012 Report Share Posted October 11, 2012 As a tax payer, I would rather than money be spent on services for the benefit of the whole county They've given millions to The Tate Gallery, The Eden Project, Heartlands etc - so a small amout to Truro City is OK with me. It works out to be about 2 pence per head of cornwall's population! 2p per head, but a few quid out what I pay per year ( tax+NI) That on top of what they already get from Truro/Penwith college. No no no. Enough is enough. They followed the messiah, blindly believing all his bull, let them get on with it Link to comment Share on other sites More sharing options...
cornishteddyboy Posted October 11, 2012 Report Share Posted October 11, 2012 Even if Truro find the £50,000 bond how are they going to pay their running costs. They are only still here because the players deferred their wages. They won't defer them for a season or next! £190,000 a year is needed to break even. They can't earn that through the gate or sponsorship. Cut their losses, drop the first team and make the reserves their first team and aply next season to put a team in Division 5 of the Trelawny League Link to comment Share on other sites More sharing options...
chairman Posted October 11, 2012 Report Share Posted October 11, 2012 Just how did City get into such a mess? I understand their ambitions etc. but to allow the loss of their ground borders on criminal.I'm afraid the original Trustees and Chris Webb have a lot to answer for. Link to comment Share on other sites More sharing options...
le boss Posted October 11, 2012 Report Share Posted October 11, 2012 Just how did City get into such a mess? I understand their ambitions etc. but to allow the loss of their ground borders on criminal.I'm afraid the original Trustees and Chris Webb have a lot to answer for. You get into bed with the Devil you quite often get burned Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 So, we enter the 11th hour. Link to comment Share on other sites More sharing options...
gillo10 Posted October 11, 2012 Report Share Posted October 11, 2012 Anyone know who at the council i contact to ask if they can lend a hand with the mortgage? It means nothing to anyone but a massive minority so shouldnt be an issue surely!? Feel sorry for the Truro fans and players but to have a council handout, on top of the money they waste daily on "consultancy fees" etc, would be a disgrace Link to comment Share on other sites More sharing options...
Guest Monty Posted October 11, 2012 Report Share Posted October 11, 2012 There are no buyers, No one is interested the ones that where have seen the light and realise that living dream is a fantasy and will cost mega monies. 5pm I understand is the deadline and the Truro City will be chucked out of the Blue square bet Conference south league.A real sad day for Cornish football. Link to comment Share on other sites More sharing options...
TheolderIgetthebetterIwas Posted October 11, 2012 Report Share Posted October 11, 2012 I wonder if the council will help my club out, and yours, and yours, and yours - if you get my drift!!!!!! Link to comment Share on other sites More sharing options...
claret&blue Posted October 11, 2012 Report Share Posted October 11, 2012 Try the Eden project, normally good for a bit of money for local teams! Link to comment Share on other sites More sharing options...
Aberfalman Posted October 11, 2012 Report Share Posted October 11, 2012 I think all involved in Cornish football will standby Truro City FC supporters in their hour of need. Define 'involved in Cornish football'. Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 Well that is it, the 5PM deadline has passed.... Link to comment Share on other sites More sharing options...
Aberfalman Posted October 11, 2012 Report Share Posted October 11, 2012 See that Cornwall Council have offered to put up money to help save Truro City F.C. It would be a disgrace if a penny of public money goes to them. Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 In the last few moments, BBC Radio Cornwall has spoken with Colin Peake - an official at the Football Conference. He has told BBC Radio Cornwall that the Football Conference are 'hopeful that the conditions of the bond have been met', and expect to see confirmation of this in their bank account in the next few minutes. They expect to see Truro's game on Saturday vs Dover to go ahead. So the question is Who has put up the cash and will the players play on Saturday if not paid? Link to comment Share on other sites More sharing options...
cornish-blue Posted October 11, 2012 Report Share Posted October 11, 2012 All very good money being paid to the league, lets hope it wasn't ccc And what about the loyal players Link to comment Share on other sites More sharing options...
cornishman64 Posted October 11, 2012 Report Share Posted October 11, 2012 lets hope this is the start off good things 4 truro and they keep going Link to comment Share on other sites More sharing options...
cornishteddyboy Posted October 11, 2012 Report Share Posted October 11, 2012 It might not be £50,000 but only £10,000 put up by the council. http://www.bbc.co.uk/sport/0/football/19907501 Link to comment Share on other sites More sharing options...
cornishteddyboy Posted October 11, 2012 Report Share Posted October 11, 2012 http://www.thisiscornwall.co.uk/Truro-City-expelled-Football-Conference/story-17070163-detail/story.html Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 Sorry for the bad news. @LeeHall1977: solicitors advising Walsh Taylor, the club's administrators, say the Football Conference has refused a rescue package Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 Thisiscornwall.co.uk © Last-ditch attempts to save Truro City Football Club (TCFC) have failed according to the legal team handling the administration of the club. Truro City had until 6pm this evening to come up with a £50,000 bond to enable them to stay in the Football Conference. The 123-year-old club that won the FA Vase now faces liquidation. But James Moore, the solicitor advising Walsh Taylor, the club's administrators, said the Football Conference had refused a rescue package. Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 Taken from BBC Radio Cornwall At 5.00pm this afternoon, the Football Conference told BBC Radio Cornwall that they were 'hopeful' the club would deposit a bond with them this evening. "We're waiting on confirmation from our bankers that the club have deposited the bond through their administrators", added Mr Colin Peake - a spokesman for the Football Conference. The Conference also told BBC Radio Cornwall that they expected Truro's game with Dover Athletic to go ahead this Saturday. BBC Radio Cornwall contacted the administrator's solicitor, James Moore, for comment. Mr Moore vigorously disputes the Conference's version of events. He says that the Conference rejected an initial proposal from the club, but agreed to extend the deadline until 6pm. The administrator then went back to the Conference with numerous additional proposals, which were rejected. Mr Moore says that, as a result, the administrators expect the Conference to look at postponing Saturday's game and suspend the club from the Conference. However, the administrators say they have yet to receive official confirmation of this. BBC Radio Cornwall has tried to contact the Football Conference for clarification of their original statement, and will bring it to you when we get it. Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 BBC Radio Cornwall have arranged to speak with James Moore (solicitor for TCFC administrators) at 9.15pm. We will upload his remarks when we have them. We hope he will be able to bring some clarity to the situation. Link to comment Share on other sites More sharing options...
Mr.T Posted October 11, 2012 Report Share Posted October 11, 2012 In my opinion Mr.Heaney and Mr.Webb should be banned from ANYTHING to do with football for life. Link to comment Share on other sites More sharing options...
Richard Chown Posted October 11, 2012 Author Report Share Posted October 11, 2012 Dover FC confirm game is off on Saturday. Link to comment Share on other sites More sharing options...
TheolderIgetthebetterIwas Posted October 11, 2012 Report Share Posted October 11, 2012 Never say never - well it just has !!!!! Link to comment Share on other sites More sharing options...
NORTH DEVON DWELLER Posted October 11, 2012 Report Share Posted October 11, 2012 Very sad day. Here's hoping a Phoenix rises Link to comment Share on other sites More sharing options...
Mike Jones Posted October 12, 2012 Report Share Posted October 12, 2012 Very sad day. Here's hoping a Phoenix rises Preferably not a ginger one!!!!! Link to comment Share on other sites More sharing options...
Cornish-Ref Posted October 12, 2012 Report Share Posted October 12, 2012 It's just been announced on the BBC News (around 7.30am) that TCFC have failed in their rescue plan and that they face expulsion from the league today. If this happens how long will it be before the administrators now liquidate? The dept lies with the company / club and there is no way that any businessman would accept liability for the debt mountain on a SWPL team and a club that now has no assets....... Link to comment Share on other sites More sharing options...
Guest Posted October 12, 2012 Report Share Posted October 12, 2012 If it is all over then it had to end with a farce. Been on the cards for a long time. Link to comment Share on other sites More sharing options...
Topcat Posted October 12, 2012 Report Share Posted October 12, 2012 IF Truro City FC is all over,then it will be the time for local clubs to pay mega bucks for Truro players, and soon we will be reading the same post with a different club as headlines!!!!!!!!!!!!!!!!! Just hope all is not lost at Truro yet. Link to comment Share on other sites More sharing options...
cornish-blue Posted October 12, 2012 Report Share Posted October 12, 2012 Lets hope the administrator reports everything to the fraud squad and they investigate Link to comment Share on other sites More sharing options...
cornishteddyboy Posted October 12, 2012 Report Share Posted October 12, 2012 I've been reading on the Tiger Talk Forum about Mr Heaney being a crook, etc. Those supporters have short memories. Why was Mr Heaney allowed to take over the club? Because 8 years ago, Truro were £190,000 in debt to St Austell Brewery and were going to close anyway. So at least Mr Heaney gave Truro an extra seven years and all the glory they have had in that time. Perhaps some of the fault lies in the early years of his takeover when the first couple of sets of accounts were published. If looked at properly they would have shown that the money he was bank-rolling the club with was listed as a loan. Perhaps then those directors who were still on their committee should have said, Whoa slow down or were they like most of the people involved with the club then caught up on the band wagon and didn't realise it was buy now pay later. I'm not defending Mr Heaney as he ran the club in a very autocratic way especially in the latter years. The deal regarding the ground must be looked at. By giving Truro City AFC Ltd a loan of £1.7M Mr Heaney by rights should be regarded as a creditor along with the other creditor who are owed over £700,000 between them. JoJo Investico paid £2.38M for the ground so where has that money gone? Did Mr Heaney own the freehold to the site. If so how did he gain it. Did the Trustees of the site give it to him in exchange for the original £190,000 investment because surly they didn't give it to him in exchange for a £1.7M loan. If Truro City AFC Ltd do fold will the SWPL LTD allow their Reserves to carry on in the SWPL but under a new name, the same with the Cornwall FA. All insurances both player and property, affiliations, etc will be in the name of Truro City AFC Ltd? If Truro City AFC Ltd fold then the players will become creditors as will the tax-man due to gate receipts, bar takings, etc since the Administrators took over. To be truthful the players would be best advised to cut and run whatever the outcome. Link to comment Share on other sites More sharing options...
Mr.T Posted October 12, 2012 Report Share Posted October 12, 2012 Even though Truro were in debt for 150k,they were'nt about to close,CTB you are wrong on this one. Link to comment Share on other sites More sharing options...
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