The club are currently members of the Southern League Premier Division South and play at The Ian Moorcroft Stadium, previously known as Ladysmead.
Believed to be one of the youngest football chairman in the UK ever Conridge was quoted as saying, "I'm not here to chuck thousands of pounds into a black hole, I'm here to pull everyone together and work with a good team....
The club also wishes to confirm the departure of interim manager Jamie Ward together with his assistant Paul Short.
In May 2014, Clarkson stepped down from the position following the team's disappointing 2–0 Devon Bowl Final defeat to Plymouth Parkway who were playing in the league below Tiverton.
Despite a much higher wage budget than other teams in the league (thanks to John Clarkson's financial input) the club could not reach its aim of promotion in its centenary season.
At the end of the season many of the club's higher profile players left following John Clarkson's resignation and the reduction of the wage budget.
Yellows legend Martyn Rogers was named as Clarkson's replacement and given the task of rebuilding the squad on a much more restricted wage budget.
They beat Salisbury 0–2 with goals from Michael Landricombe and Tom Bath in the playoff final in front of over 2,000, returning them to the Southern League Premier after being relegated in 2011.
In the 2017/18 season, Tivvy finished in a highly respectable position of 6th, especially considering the low budget and crowds compared to the top 5 and most of the league.
At the end of the 2022/23 season, long standing Benefactor and chairman, Ian Moorcroft, announced he was departing the club to spend more time with his family.
However it the season was bleak from the outset and the longest serving manager in the clubs history, Martyn Rogers, was sacked after a string of mediocre results.
The Elms was virtually destroyed during World War II, meaning the club had to move, eventually relocating to Ladysmead.