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Next Game: Banbury Away On Friday March 29th Kick-Off 3.00pm

Friday, October 28, 2011

Plymouth Announce Sale Completion

Plymouth's Administrator has confirmed that it has reached agreement with bidder James Brent and the club will now be sold.

The two parties had been at odds over the amount of the fees for the Administration, with Administrators P&A Partnership and their solicitors claiming £1.2million in fees for their work since being appointed in March.

A statement from Brendan Guilfoyle reads: "I am delighted that this morning we have agreed a deal that will see Plymouth Argyle Football Club coming out of administration. We have been assured that Akkeron will complete the purchase today."

Once the purchase is complete, Brent's Akkeron Group is expected to pay the wage bill in full for the first time in almost a year. The deal is still subject to Football League approval.