Local Businessmen Consortium Takes Over Financially Troubled Torquay United
A new era has dawned for financially troubled Torquay United as a consortium of local businessmen, known as The Bryn Consortium, has taken over the reins of the club. Michael Westcott, Tom Allen, Mark Bowes-Cavanagh, Rob Hawes, and Simon Robinson are the key figures behind this takeover, aiming to steer the club towards a brighter future.
The consortium’s emergence as the preferred bidder comes as a ray of hope for both the club and its creditors, as stated by the club’s administrators. This development marks a significant turnaround for Torquay United, who have faced financial turmoil in recent times, resulting in points deductions and ownership changes.
The new owners have a challenging task ahead as they look to stabilize the club’s finances and bring it back on track. With losses amounting to nearly £100,000 per month, the consortium must make strategic decisions to ensure the club’s sustainability and success on the field.
One interesting aspect of the takeover is the consortium’s connection to the club’s history, as they are named after the police dog Bryn, who famously bit a Torquay player during a crucial match in the 1986-87 season. This nod to the club’s past highlights the new owners’ commitment to honoring Torquay United’s heritage while striving for progress.
Fans are optimistic about the change in ownership, with the new group showing a genuine passion for the club and a desire to build it up in a sustainable manner. As Torquay United embarks on this new chapter under The Bryn Consortium, supporters will be hoping for a brighter future and a return to success on the pitch.