tonycholwell wrote:sdenton wrote: Just re-read one of the Guardian articles:
Link"Plymouth Argyle's directors have been warned that the club needs an injection of around £3m if it is not to be placed into administration on Friday. Peter Ridsdale, who is acting as an independent adviser to Argyle's board, has told the directors that the club does not have the money to meet its liabilities and that they are "in denial" about the seriousness of its problems.
Does this mean Friday + Court Appearance = Adminstration ?
Also there is nothing in the London Gazette so that hopefully rules out HMRC.
This all sounds like GOOD news as it will take it out of the hands of the 7.
In saying that Administration will be hard on decent people owed money by the club and we should not try to minimise that, but it will see the back of some if not all of the 7.
Why wouldn't administration get rid of the lot? just curious like