Post 2010
Unfortunately, the diversion of funds to the ground development project and a reduced budget for 2011–12 saw fortunes on the pitch take a dip with the first team battling for survival near the foot of the South West Peninsula League.
Although technically finishing in one of the relegation positions in 19th, survival was secured after it was announced that Buckland Athletic F.C. would be promoted to the Western League, meaning only one team would be relegated from the South West Peninsula League Premier Division at the end of the 2011/12 season. That team was bottom-placed Royal Marines.
In May 2012 the club announced an agreement with South Devon League club Staverton F.C. to become Ivybridge Town Reserves. Reserve team games will be played at Erme Valley Stadium with Staverton's own facility used as back up and for Third Team fixtures in the South Devon League. As a result, Ivybridge withdrew their current Reserve side from the Plymouth & West Devon Combination League.
After the club AGM in May 2012, local businessman Dave Graddon was appointed Chairman, replacing the long serving Bill Wakeham.
On 7 June 2012, the club appointed former Exeter City professional and local football stalwart Graeme Kirkup as First Team Manager, with long standing Manager and driving force being the club, Brian Howard moving into a General Manager role. Kirkup will work alongside existing First Team coach and former Exeter City, Plymouth Argyle and Blackburn Rovers defender Nicky Marker.
The club applied to enter both the FA Cup and FA Vase for the 2012–13 season, but in June 2012 The FA refused entry, along with a host of other South West Peninsula League sides, due mainly to a lack of designated toilets facilities in the home, away and referee's dressing rooms. Most disappointing was the fact that this requirement was a change in criteria from previous seasons and that clubs were, arguably, not given sufficient time or opportunity to make the changes. Ivybridge Town hope to incorporate these changes within a scheme to extend and improve the club house facilities planned for 2014.
On 18 December 2012 Ivybridge played Plymouth Argyle Reserves in the Second Round of the St Lukes Devon Bowl. The tie was originally scheduled to be played at Erme Valley but, after three postponements due to the waterlogged surface, the match was switched to Home Park. Argyle fielded a strong side including first team players Jamie Lowry, Robbie Williams and Warren Feeney and, as expected, dominated possession for large parts of the game. Ivybridge produced a battling display, eventually going down 1-0.
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