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Truro City face big challenges

Truro City get their fifteen minutes of fame when they play Charlton in the FA Cup tomorrow, but the leading Cornish club faces big challenges, although they are ones that are familiar to many non-league clubs.

Chairman Peter Masters says that the club's business model does not stack up: 'We get gates of about 400-500 and 300 on Tuesday nights and we've got to put in £20,000-£25,000 a month just to keep going. If we put in £15,000 a month, you'll end up around the bottom of the league. If you stick in £25,000, you'll stay at the top.'

Under the ownership of property developer Keith Heaney Truro won the FA Vase, but the financial crisis pushed him into bankruptcy, and propelled the club towards winding up orders and a filing for administration.

Masters heard the club needed a £50,000 bond to stay in the National League and saw an opportunity. He brought in his friend local taxi magnate Philip Perryman. There was a £4.5m debt, but he was able to negotiate that down to £80,000.

The Stadium for Cornwall. which Truro would share with the Cornish Pirates rugby union team, is due to be ready by September 2019, but if it isn't the club will face big problems. As it is, with their Treyew Round ground due to be redeveloped, they have to find somewhere to play next season, possibly at Torquay.

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