Administrator confident of a quick sale
Saturday 05 March 2011
Plymouth Argyle yesterday entered administration and will now step up their search for new owners.
The Pilgrims, who lie bottom of the table, eight points adrift of safety, having already been docked 10 points, have appointed Brendan Guilfoyle, of the P&A Partnership, as their administrator.
An application by Her Majesty's Revenue & Customs to present the club with a winding-up petition was turned down at the High Court.
Guilfoyle hopes to find a purchaser for the club by 17 March, and said three parties have expressed an interest in the club. "I am optimistic that we'll find a buyer," he said.
Latest in Sport
Arsenal transfer news: Atletico Madrid closing in on Santi Cazorla - reports
Arsenal transfer news: Arsene Wenger set to cancel moves for Sami Khedira and Morgan Schneiderlin in favour of Jack Wilshere - reports
Arturo Vidal: Manchester United bid £39m for Juventus midfielder
Chelsea transfer news: Jose Mourinho wants both Thibaut Courtois and Petr Cech to stay at Stamford Bridge
Malaysian cyclist could face disciplinary action after 'Save Gaza' gloves protest
- 1 Malaysian cyclist could face disciplinary action after 'Save Gaza' gloves protest
- 2 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 3 Fifty Shades of Grey trailer provokes moral outrage from US parenting groups
- 4 McDonald’s removes chicken nuggets from the menu in Hong Kong amid major food scare
- 5 Students offered grants if they tweet pro-Israeli propaganda
Malaysia Airlines MH17 crash: Vladimir Putin is given 'one last chance' to end hostilities in Ukraine
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
The truth about conspiracy theories is that some require considering
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia