BusinessBusiness RecoveryP&A administrators appointed to Plymouth FC

P&A administrators appointed to Plymouth FC

Former Crystal Palace administrator Brendan Guilfoyle takes appointment at League One club

ADMINISTRATORS from P&A Partnership have been appointed to Plymouth FC earlier today.

Brendan Guilfoyle, Christopher White and John Russell, from P&A Partnership were appointed earlier today according to the club’s official website.

“My role is, in the relatively short term, to find a potential purchaser who is able to fund the club in the short term, so it can continue to fulfill its fixtures and then, therafter, to satisfy the Football League requirements in acquiring the club and transferring the share to a new company,” Guilfoyle told the Plymouth website.

Administrators are currently searching for a potential buyer and said there are already several interested parties.

Guilfoyle (pictured) has worked on various football administrations in the past including Luton Town, Crystal Palace and Leeds United.

The club owes HM Revenue & Customs approximately £300,000.

 

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