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Truro City's Administration Ends

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4:29pm 2nd September 2013

Truro City Football Club is out of administration.

Bosses have received formal notice.

Chairman Peter Masters said: "I am pleased to report that both Philip and I have received the formal notice to the effect that the Administration of Truro City Football Club Limited has been brought to an end. This effectively draws a line under this avoidable affair in the Club's history and serves as warning for the future to us all.

"You need no reminding that as well as costing the two of us many thousands of pounds and a substantial amount of time the Club has damaged its reputation, suffered relegation from the Conference South and lost the ownership of the Stadium at Treyew Road."

He added: "It now leaves us all to rebuild the Club to a sustainable level which is ultimately decide on what League we play in."

4:29pm 2nd September 2013

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