Westcott is keen to emphasise that his consortium will be “responsible owners”, and will not put the future of the club at risk.
He says the consortium want it to be a sustainable club that can stand on its own, without the need for owner support in the long term.
And he says everyone who is owed money by the club will be repaid in full, not just football creditors.
“It’s really important to the club, and to us as members of the consortium, that the creditors get looked after,” he said.
“Key and fundamental to our proposal is that we believe that Torquay United should pay all of its bills.
“We’re required to do so by the football authorities, which we think is the right thing and the good thing and a good rule, and we will honour those commitments.
“100% of all the money owed by the club to them will be settled over the next six months.”
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