Deal agreed for Argyle's sale

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The Independent Online

The joint administrators of Plymouth announced yesterday that they had reached an agreement in principle with the Akkeron Group for the sale of the football club.

Brendan Guilfoyle of the P&A Partnership said: "The administrators and the Akkeron Group are committed to completing the deal next month. The precise timing will depend on the Football League's transfer of the club's 'golden share'.

"We have consulted various parties and I must thank them for their flexibility in enabling us to negotiate and agree a deal. In particular I'd like to thank the staff and players [who] have put the rescue of their club above their own interests."

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