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Revealed - possible new owner of Truro City

By WBMiles  |  Posted: October 18, 2012

  • Tony Murtagh

  • Tony Murtagh, who set up the Money Group, could be the new owner of Truro City.

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A leading Truro businessman appears to be behind plans to take over the city's stricken football club.

The administrators for Truro City had until 5pm today to come up with a £50,000 bond or they would be expelled from the Football Conference. As the deadline passed administrators said that negotiations were ongoing with the Football Conference and a resolution could be reached tonight. 

The West Briton has discovered that a company with the name of Truro City Football Club 2012 was registered with Companies House yesterday. The company was previously named West Country Investments Ltd.

Tony Murtagh, who set up the Truro-based Money Group, is listed as a director of Truro City Football Club 2012.

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Truro City Football Club 2012 gives its address as Falcon House, Charles Street, Truro. This is the same address as the Money Group.

The administrators previously said there were two potential bidders for the club.

Mr Murtagh was not available for comment this afternoon.

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  • Phil_lip  |  October 19 2012, 9:12AM

    Don't know Fistral20, just seemed like a good idea to me, 51% share owned by supporters and that way it can never have its finances abused again because they can just say no to building the club up on debt and no investor can do anything about it.

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  • Fistral20  |  October 19 2012, 7:44AM

    Phil_lip, Supporters Trusts or such like are definitely the way forward, as the Club is then owned and run by the people that matter. Was there any interest among the Truro supporters in taking the Club over?

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  • Phil_lip  |  October 18 2012, 8:41PM

    Should have done what Exeter did and the fans should have taken the reigns, that way the club would really have been protected for the future.

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  • Doitdreckley  |  October 18 2012, 4:00PM

    Of more interest than the value of the Club is the value of the land that it plays on.

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  • cheekyman_jr  |  October 18 2012, 3:20PM

    Oh, let's not forget his running up the driveway in Manchester when being confronted by a That's Life presenter years and years ago. But let's definitely forget that godawful poorly constructed and presented Panorama stitch up the BBC did (shame on you BBC for such wholly biased tripe).

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  • cheekyman_jr  |  October 18 2012, 2:12PM

    Ah ha ha ha ha ha!!! Tony's a good bloke, loves football. But let's not forget Baltic Pine eh? He'll either be EXACTLY what the football club needs or EXACTLY what the football team doesn't need. Either way, he deserves a chance and the support from the fans for this opportunity the club now has...and nobody is going to be worse than Heaney!!!

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