After appointing an administrator at home park last week, the South Devon club officially entered administration this afternoon! The 10 point deduction has left Plymouth rock bottom of league 1, 8 points from safety with 13 games left to play this season!
The administrator appointed has also worked with Leeds United, Crystal Palace and Bradford City in recent years, and is hopeful a new buyer can be found, with apparently 3 potential take-overs on the cards!
The complication with this potential buyers is that none seem willing to clear the debt, but buy the club off the administrators once the debt has been cleared.
Full articles
SSN: http://www.skysports.com/story/0,19528,11705_6794706,00.html
BBC: http://news.bbc.co.uk/sport1/hi/football/teams/p/plymouth_argyle/9414349.stm
Hopefully Plymouth find a buyer soon, before it's too late!
GREEN ARMY
The administrator appointed has also worked with Leeds United, Crystal Palace and Bradford City in recent years, and is hopeful a new buyer can be found, with apparently 3 potential take-overs on the cards!
The complication with this potential buyers is that none seem willing to clear the debt, but buy the club off the administrators once the debt has been cleared.
Full articles
SSN: http://www.skysports.com/story/0,19528,11705_6794706,00.html
BBC: http://news.bbc.co.uk/sport1/hi/football/teams/p/plymouth_argyle/9414349.stm
Hopefully Plymouth find a buyer soon, before it's too late!
GREEN ARMY