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Next Game: Away At Bishop Stortford In The FA Cup On Saturday 28 September at 3.00pm

Friday, February 23, 2024

Johnson Comments On Torquay Finances

 

Gary Johnson who left Torquay earlier today has spoken about the situation at the National South Club.

Torquay are full time.

"It's not really sustainable to be full time in National League South," he told BBC Sport.

"I think a new owner would come up with a budget, will look at the cost of running the team on a full-time basis and compare that to part-time basis.

"Certainly, as far as National League South is concerned, I know some directors of other clubs, and they say the numbers don't add up unless you have a benefactor who wants to rocket boost the club through the divisions.

"So that then comes down to personal circumstances, so is somebody willing to do it? Are they able to do it?

"But also, as we see with Clarke Osborne, what happens if their circumstances change? We've seen this at clubs like Bury and Macclesfield in the past, where the owners either lose interest or run out of money, that you become over-dependent upon one person."

It's thought former chairman Osborne might have lent the club up to £5M. Given the club is expected to go into administration, he could lose most of it.