The Football League are set to reject the deal to buy Plymouth, with the Administrator now talking with several other bidders.
The Plymouth Herald reports that the Kevin Heaney backed bid is to be rejected as they still haven't resolved how they will settle the footballing debts which now stand close to £3million. That sum must be paid in full, with acting chairman Peter Ridsdale meeting the PFA today to discuss terms. Currently the playing staff have agreed a deal to play until September 15th.
The Administrator has now reopened talks with former bidders James Brent and Paul Buttivant, but early discussions with controversial former Oxford owner Firoz Kassam have ended after fan objections to the Monaco-based millionaire who charges Oxford £460,000 to use the stadium that bears his name.
Peter Ridsdale told the paper: "I am still working my backside off to find a solution. This club is in real danger of disappearing. I'm still optimistic that we'll have a football club at the end of it, but I couldn't call who is going to own it at the moment."