Statement from The P&A Partnership re: Buyer Interest in Plymouth Argyle Football Club (in administration)

5 April 2011 By Northern Lights

Statement from The P&A Partnership re: Buyer Interest in Plymouth Argyle Football Club (in administration) image

The Joint Administrators of Plymouth Argyle Football Club, Brendan Guilfoyle, Christopher White and John Russell welcome the announcement today (April 5) from Akkeron Group LLP.

The Administrators will give Akkeron full assistance in seeking to address the conditions that they have set and would encourage stakeholders to support the Akkeron offer.

Brendan Guilfoyle said:”Akkeron’s offer will provide a better solution to all PAFC’s stakeholders than liquidation.  Time is running out for the Club and I would encourage everyone to engage with Akkeron in a constructive and timely manner to save Plymouth Argyle Football Club.”

The P&A Partnership, part of The P&A Group of Companies Ltd, is a leading specialist business turnaround and insolvency firm with offices across the UK and in London.  Their support for businesses includes restructuring, finance brokering, debt collection and selling assets.

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Written by Northern Lights

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