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Page last updated at 13:34 GMT, Tuesday, 2 June 2009 14:34 UK

Torquay to invest in new players

Colin Lee
Lee has been chief executive at Torquay since 2007

Torquay United chief executive Colin Lee has said all of the money the Gulls receive from promotion to League Two will be spent on the squad.

Torquay beat Cambridge 2-0 in the Blue Square Premier play-off final to reclaim a place in the Football League.

Lee said: "Financially, we'll use whatever money we get on the team.

"We can improve the player budget and that will enable Paul (Buckle) to improve the team if he feels that's the right thing," he told BBC Sport.

The majority of Torquay's squad are already contracted for next season and Lee anticipates that only three or four new players will be signed over the summer period.

He said: "June is a case of identifying players who can make the difference and and those players will be a better quality than what we've got.

606: DEBATE

"The loan market is always there as well so we can look into that and now that we're back in League Two we can enquire at a higher level."

Promotion back into the Football League also means that the Gulls will receive around £180,000 from the Football Association to help develop their youth policy.

"The £180,000 is really important because a football club feels right when you've got a strong youth set-up," Lee added.

Torquay were promoted at Wembley on 17 May and Lee said a party atmosphere was still prevalent in the town.

"The past few weeks have been manic, there's been a buzz around Torquay since the promotion and every time I've gone out there have been congratulations from people," he concluded.



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