Sale of Torquay United to group of local businessmen agreed
The National League South club had been in administration since February.
Torquay United
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Torquay United docked ten points after financial issues
It comes after owner Clarke Osborne said last month he could no longer fund the Devon club.
Torquay United Football Club enters administration
It comes as the club's owner confirmed that he was no longer able to fund the National League South side.