Ex-Argyle star Hodges upset for fans as City rescue deal fails
FORMER Plymouth Argyle favourite Lee Hodges has admitted he is 'devastated' after the collapse of Truro City.
The financially stricken Cornish club was expelled from the Football Conference yesterday following the collapse of a proposed takeover.
Hodges had been the manager of Truro since 2010, while several of his players, including Plymouth-based striker Stewart Yetton, have Argyle connections.
Truro went into administration in August after owner Kevin Heaney – who tried to buy Argyle in 2011 – was declared bankrupt.
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Their fate was sealed when they failed to come up with a £50,000 bond to the Conference by 12 noon yesterday.
That would have covered the cost of clubs travelling to Truro should City later have been expelled from the league and their results expunged.
Hodges said: "It's hard to put into words how I'm feeling. I'm devastated for all the fans, players and staff who have put in so much effort into it over the years.
"The boys should be fine, they are good enough to go and find other clubs, but it's the fans that I do feel very sorry for."
It had been thought a deal with a prospective new owner for Truro had been agreed on Thursday.
But the bidder – reported to be Truro-based businessman Tony Murtagh – pulled out yesterday morning.
Conference general manager Dennis Strudwick insisted the league had no other option but to expel Truro. "We have to look after our other member clubs," he said.
"There are now a number of clubs who won't have a home game against Truro so they too will suffer a loss of income."