Truro City confirm US backers acquire stake in National League outfit

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Truro City Football Club have confirmed that American group Dawn Sports & Entertainment LLC (DSE) has purchased an 8.33 per cent stake in the club.

The National League side said the agreement marks the beginning of a long-term strategic partnership aimed at bolstering the future of professional football in Cornwall.

DSE, based in Oklahoma City and owners of Oklahoma United FC, are led by CEO Abdullah Ashraf.

The group sees Cornwall as one of English football’s most exciting emerging markets, citing the county’s identity, culture and passionate fanbase as reasons for their move.

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Potential

Ashraf said the investment marks just the beginning of a wider plan to help accelerate Truro’s growth on and off the pitch.

“This is only the first step of what we believe will become a defining partnership,” DSE CEO Ashraf said.

“We see enormous potential in Truro City not just as a football club, but as a regional institution that deserves the structure, investment, and ambition needed to rise.

“Our plans will focus on shifting momentum quickly and then prioritising targeted investment into infrastructure, training environments, operational standards, and long-term facilities the club needs to grow sustainably.”

“This partnership represents a focused, committed, and long-term investment in Truro City, supporting the club through its current campaign and building the foundations for a strong, ambitious future for football in Cornwall.”

Future

Truro City’s chairman and CEO Eric Perez, added: “Abdullah and the crew from DSE are focused on helping us build on what we’ve started at Truro City.

“They believe in the club, and first and foremost they believe in Cornwall as a place, its people, and culture.

“I have no doubt the future looks bright for football in Cornwall, and DSE will be a great addition to the Truro City family.”

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