Truro City's owners have sold an 8.33% stake in the National League club to Dawn Sports and Entertainment LLC. This investment comes as the club sits 24th in the England National League, with 34 points from 46 games, and a recent form of WLLDL.

What happened?

Dawn Sports and Entertainment LLC, which owns Oklahoma United FC, has bought the stake from Canadian-based owners Ontario Inc. The investment is the first significant stake sold by Ontario Inc since they bought the club two years ago.

Why it matters for Truro City

Abdullah Ashraf, chief executive of DSE, said the company sees enormous potential in Truro City, not just as a football club, but as a regional institution. The 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.

What comes next?

Truro City won National League South last season, earning promotion to the fifth tier for the first time in their history. The Cornish club are currently bottom of the National League, having lost their past five matches, but the investment from DSE is expected to help the club build on what they've started. | Category | Stat | | --- | --- | | League standing | 24th | | Points | 34 | | Recent form | WLLDL | | Goals scored | 42 | | Goals conceded | 72 | | Goal difference | -30 | The future looks bright for football in Cornwall, and DSE will be a great addition to the Truro City family, said club chairman Eric Perez.