Date: 24th May 2015 at 6:32pm
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The other day chair Thea Bristow confirmed that she would be transferring 80% of her ownership of the club to existing Torquay Directors.

The transfer would take place for a pound.

Speaking to the Official Site she admitted that she had mixed emotions about the move but knew for her and the club, it was the right thing to do.

‘Today is a bitter sweet day for me. I have transferred the majority of my shares and it has closed the chapter of my ownership of the club. I certainly have had mixed emotions throughout this whole process, but know that it is the right decision for me and my family. I look back and hopefully Paul and I made a bit of a difference. There have been some great times and some not so great times, but overall, whatever decisions we made, they were always in the best interests of the club.’

She went on to wish the Directors ‘luck’ with them now taking on the challenge of getting us back into the Football League but with her not to be a stranger at the club in the future, she talks about her pride at Bristow’s Bench and the legacy she and Paul have left the club with.

Now hopefully the next step taken can see promotion.

‘I wish the Directors luck in taking on this challenge. For me, knowing I had to move on, this route has given me the chance to pass my shares onto people who know and care for the club, especially in time for any Conference deadlines. The Directors have assured me that they will continue speaking to the TUST and other consortiums for further investment or help, plus that they have the capability to run the club next season. I am sure they will announce their plans more formally over the coming weeks. I look forward to watching and supporting as a fan and thank you for all the support and kind wishes during my time as Chairman.’

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