Big losses on the Devon Riveria

It is amazing how much you can rack up in the way of losses even as a second tier non-league club. Admittedly, Torquay United were in the EFL. Even so, it is quite stunning that, according to Kieran Maguire, 'Torquay United lost £943k last year in the National League South. Total losses over £2.2 million. Owners commit to cover losses until 2020/21.'

I have always thought that Torquay had quite a challenging task. The town has a large retired population, some of whom are not interested in football and others have retained allegiances to clubs elsewhere.

You can view the accounts online, but they are not very informative as they are compiled under the 'exemption rule': Torquay United

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The Political Economy of Football V2

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