Keep up to date with the latest news delivered direct to your Inbox.
Truro City Strike Debt Deal
7:01am 5th June 2013
Truro City are celebrating as the club does a deal over debt.
Some has been written off, and the rest will be repaid in installments.
It is part of a Company Voluntary Arrangement, agreed at a meeting on Tuesday afternoon.
Bosses say they are looking forward to a "fresh start."
Chairman Peter Masters said: "I am delighted to announce that the CVA has been officially approved this afternoon. We now go forward to the Conference AGM on Saturday and hopefully to the Southern Premier League next season.
"It’s a good day for the city Truro and the county of Cornwall as a whole.
"I am sure all at Truro City Football Club would wish me to convey their thanks to all the Creditors who have written of their debt incurred by the previous regime to make this day possible."
The club is hoping to announce a new manager in the next few days.7:01am 5th June 2013
Share This StoryTweet
Firms need 'five year' Brexit transition period, manufacturers say
National News: The Government is being urged to agree a five-year transition to Brexit in its looming EU divorce talks to help business acclimatise.
Brits 2017: Diverse nominees in the running for awards tonight
Showbiz News: Craig David says his return to the Brits has been a "rollercoaster ride".
UK's £200m aid pledge to famine-threatened Somalia and South Sudan
World News: South Sudan and Somalia are going to receive £100m each in UK aid, the Government has announced.
British Cycling 'may have crossed ethical lines' - UK Sport Chairman
Sports News: British Cycling may have crossed ethical lines in its treatment of athletes in the past, according to the chairman of UK Sport Rod Carr.
Newspaper apologises after using Baldwin SNL photo instead of Trump
Strange News: A newspaper in the Dominican Republic has had to apologise to readers after it mistakenly used a photo of Alec Baldwin impersonating Donald Trump instead of the US President himself.