The Bulls appear set for a second tribunal of the season over the valuation of a player.
With Marc Pugh's move to Bournemouth already destined to be decided by a panel, Gavin McCallum's move to Lincoln also seems to be heading down the same route considering Torquay's experiences with the Imps over winger Mustafa Carayol.
Gulls boss Paul Buckle told This Is Devon: "We are waiting for a date for a Transfer Tribunal. That's unless Lincoln turn round and actually offer us some money, more than a sell-on. They've got a first-team player from us for nothing at the moment.
"We'll go to a tribunal if we have to, and that's what we're planning for. We think we have a good case. Lincoln also think they're on solid ground, so it looks as if the argument will, indeed, go to the Football League."
Carayol was at Plainmoor for two seasons, but only started 11 League games last term and 14 the season before. The Imps have so far offered Torquay only a sell-on clause on the 21 year old.