Pilgrims situation nears resolution

Published Add your comment

Football News

Peter Ridsdale has announced he will step down from his position as acting chairman at Plymouth once businessman James Brent completes his takeover.

Former Cardiff and Leeds supremo Ridsdale has claimed the club are close to securing the Pilgrims' financial future, with Brent on the verge of agreeing a deal to assume control of the Devon outfit.

Brent had suggested all aspects of his deal may not be finalised until mid-October, yet Ridsdale's statement on Friday said: "I am delighted that it now appears that James Brent is within sight of being able to complete his takeover of Plymouth Argyle Football Club."

He added: "James was originally my personal preferred buyer and nothing that has happened over the last six months has changed my mind.

"On the assumption that he is now able to complete his takeover, it will bring to end the uncertainty that has put the club's very existence in doubt.

"I have consistently said that my role was to find the right long-term solution for Argyle and, on completion of the takeover by James Brent, I see that as 'job done'.

"I, therefore, can confirm that my role as acting chairman of Plymouth Argyle Football Club on behalf of the administrator will finish on the completion of James Brent's takeover."

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Cardiff City
League Two
Leeds United
Plymouth Argyle

Article Comments

Read more

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again