Campaigners say there is no way to rescue Exeter's St Margaret's School
Campaigners hoping to prevent a city school from closing in August have announced that their efforts have failed.
In a letter sent to parents, staff and alumnae of St Margaret's School, a committee which got together to try and find a way to ensure its survival said they have been "unable to identify a rescue strategy".
St Margaret's School will close at the end of August with governors and owners Woodard Group saying the decision had been made because it is no longer "financially viable".
The school, which is currently ranked fourth in the GCSE result league tables in Devon, has blamed low forecasts for new pupils. Parents, as well as former and current pupils, have expressed concerns about the move, which came after the launch of a three-year recovery plan.
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Campaign group spokesman John Fowler said: "We identified a wide range of options and began to research their viability.
"Four of us recently met with representatives of Woodard and discussed with them our ideas. We now understand how much work has been done over the last four years to try to sustain the school and that most of our options have already been considered.
"It is unrealistic to believe that we can achieve what they have been unable to do and especially since we would be starting from a much weaker position. For confidentiality reasons we are unable to share the detail of these discussions, but we are convinced of the honesty and openness with which they have shared their information, and the thoroughness and comprehensiveness of their endeavours.
"Subsequently all of us met to review what we had learnt. Regretfully we have come to the conclusion that we are unable to identify a rescue strategy that we can recommend.
"The process we have gone through has helped us come to terms with the reality of the situation we all face, and we would like to think that our efforts and our conclusions will assist at least some others in their journey down the same path.
"We want to thank all those who have offered support and encouragement."