Friday, 26 August 2011

FINAL DEADLINE LOOMS FOR ARGYLE

Today is the final deadline for the takeover deal of Plymouth Argyle with Bishop International Ltd, an offshore company led by Truro City Chairman Kevin Heaney, to be completed.

The club's administrators have stated that they will turn the back on the deal, which will see former Leeds United and Cardiff City Chairman Peter Ridsdale buy the club from Bishop International who will then become the Pilgrims' landlords.

An alternative bid led by Devon-based Businessman James Brent remains in place should the deal with Bishop International fail, but fears remain as Brent maybe faced with a tight deadline to complete the takeover.