“The takeover will happen this Friday”.
“There’s a slight delay, it’ll happen next Friday”.
This vicious circle has been ongoing for months on end, however finally, it seems like the circle will be broken. October 14th has been earmarked as the day that businessman James Brent will finally complete his takeover of Plymouth Argyle football club.
The Argyle Trust have called for the Green Army to have ‘strong hearts, cool minds’ as negotiations continue. By mid October, providing there are no more hindrances, Brent should have control of the club.
Yet despite a growing feeling of optimism, there is still every reason to be cautious. It would be of no surprise to anyone should the next deadline be missed or if an ex-director or an owed creditor perked up from the blue and caused another delay. Ex-Directors have already tried to do so once after Phil Gill & Tony Wrathall tried to derail Brent’s bid by attempting to purchase the club themselves alongside Kevin Heaney. Ex-Chairman Paul Stapleton was also rumoured to be involved initially, but later clarified he was not part of the bid and gave his backing to James Brent.
Brent is now the only choice. To the fans, to the trust, to the acting chairman (Peter Ridsdale) and most importantly, to the administrator, Brendan Guilfoyle. As far as Ridsdale is concerned, nobody is sure where his future lies. Despite saying himself that he will leave Argyle once the takeover is completed, some rumours on Argyle fans forum PASOTI suggest that James Brent wants Ridsdale to have a role within the club, most probably as a director. Continue reading