National League Torquay United are currently in the process of considering two offers to take over the club.
The news will be welcome to many Gulls fans, who have had to watch their club suffer from financial difficulties since 2015. Previous owner Thea Bristow left the club in the summer of that year, which agreed a deal with another consortium which subsequently pulled out.
Club Chairman David Phillips told BBC Sport “There are two definite offers and possibilities for others.”
The club have also received an offer from Torquay United Supporters Trust, which will be discussed. However, with the recent decline of certain fan owned clubs, it will be interesting to see whether this is the right way to take the club forward.
On the pitch, things also haven’t been going well for the Devonshire club, sitting 18th in the league and having just lost 2-1 to fellow strugglers Southport. The club were relegated from the Football League at the end of the 2013-14 season and will no doubt be looking for a change in their fortunes, both on and off the pitch.