Truro City Football Club is no longer in adminstration, chairman Peter Masters has revelead.
The news brings to an end almost a year of uncertainty which saw the club relegated from the Conference South, and come close to going out of business.
In a statement relased today, Masters said: "I am pleased to report that both Philip and I have received the formal notice to the effect that the Administration of Truro City Football Club Ltd has been brought to an end. This effectively draws a line under this avoidable affair in the Club’s history and serves as warning for the future to us all.
"You need no reminding that as well as costing the two of us many thousands of pounds and a substantial amount of time the Club has damaged its reputation, suffered relegation from the Conference South and lost the ownership of the Stadium at Treyew Road. It has to be said however unpalatable it may be to those involved that this was brought about by Officials during that time.
"Rest assured it will not happen again under our watch."
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