Argyle out of administration
Saturday 29 October 2011
Plymouth Argyle's administrators have agreed a deal with James Brent's Akkeron Group for the purchase of the club.
After almost eight months in administration, Argyle could soon return to financial stability after the P&A Partnership announced yesterday that they were satisfied with all aspects of the takeover at Home Park.
That paves the way for the Pilgrims to finally come out of administration, and the takeover could be completed later today. In a statement, Brendan Guilfoyle of the P&A Partnership said: "I am delighted that we have agreed a deal that will see Plymouth Argyle Football Club coming out of administration."
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