14-03-2024, 18:17
The National League has docked National League South side Torquay United 10 points after the club announced its plans to go into administration.
The financially-troubled Gulls now have 41 points, three points above the relegation zone, and drop from 12th to 17th place in the table.
League rules say intending to appoint administrators is seen as an insolvency event, liable to a 10-point penalty.
Owner Clarke Osborne said last month he could no longer fund the Devon club.
A number of parties have made bids for Torquay, with the club yet to formally go into administration.
On the field the former Football League side have won just one of their last 11 league games and are in their lowest position since they were first elected to the league in 1927.
The financially-troubled Gulls now have 41 points, three points above the relegation zone, and drop from 12th to 17th place in the table.
League rules say intending to appoint administrators is seen as an insolvency event, liable to a 10-point penalty.
Owner Clarke Osborne said last month he could no longer fund the Devon club.
A number of parties have made bids for Torquay, with the club yet to formally go into administration.
On the field the former Football League side have won just one of their last 11 league games and are in their lowest position since they were first elected to the league in 1927.
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People got to shout to stay alive