Monday, 7 February 2011

NEW INVESTORS EYEING UP ARGYLE BID

The off-the-field activities at Plymouth Argyle have taken a new turn as three groups of investors are believed to be in discussions with football consultant Peter Ridsdale with an interest in buying the club.

With the cash injection that was promised to the club by Japan based director George Synan no closer to arriving, an outright sale of the club now looks like the best chance of securing Argyle's survival.

This could see the Pilgrims sold for £1 with the new owners taking on the club's cash flow problems and other liabilities.