Chairman Kevin Heaney stepped down on 24 August 2012 after being declared bankrupt, and he was replaced by vice-chairman Chris Webb. On 31 August, Truro City F.C. filed for administration after the first-team players, who had not been paid during August, informed the club that they would not play against Boreham Wood on 1 September unless this course of action was taken. On 3 September, a further HMRC winding-up order over a tax bill of £15,000 was postponed until 17 September, but this order would be dismissed if the club went into administration, which it did the following day. Ten points were deducted from Truro's total, leaving them bottom of the Conference South table.