A
Anonymous
Guest
The following statement has been issued by Brendan Guilfoyle following comments made in his Westcountry TV interview yesterday. It has been issued by Northern Lights PR but it has not yet appeared on their website or the PAFC Official site.
August 10 2011
Statement from Brendan Guilfoyle, joint administrator of Plymouth Argyle Football Club Limited (in administration)
In an interview with Westcountry ITV yesterday afternoon (Tuesday August 9), I made the comment that ‘I’m not sure that they [the supporters of the Contingency Plan] are fully equipped to deal with the issues that I am talking about today, the fact that the August wages will need paying at the end of the month’.
It has been pointed out to me that this might have implied that James Brent or Akkeron Group did not have the necessary resources to fund the shortfall in the Club’s revenues. This is not the case and was not my intention. James Brent has, however, advised the Contingency Plan Committee that neither he nor Akkeron will fund the Club until the conditions precedent to the indicative offer he made in March have been met and definitive legal agreements have been signed.
He has also expressed concern about the precarious position of the Club and the importance of closing the sale and purchase agreement with Bishop International Limited as soon as possible. I am pleased to clarify this point and apologise for any misleading impression I may have given.
END
August 10 2011
Statement from Brendan Guilfoyle, joint administrator of Plymouth Argyle Football Club Limited (in administration)
In an interview with Westcountry ITV yesterday afternoon (Tuesday August 9), I made the comment that ‘I’m not sure that they [the supporters of the Contingency Plan] are fully equipped to deal with the issues that I am talking about today, the fact that the August wages will need paying at the end of the month’.
It has been pointed out to me that this might have implied that James Brent or Akkeron Group did not have the necessary resources to fund the shortfall in the Club’s revenues. This is not the case and was not my intention. James Brent has, however, advised the Contingency Plan Committee that neither he nor Akkeron will fund the Club until the conditions precedent to the indicative offer he made in March have been met and definitive legal agreements have been signed.
He has also expressed concern about the precarious position of the Club and the importance of closing the sale and purchase agreement with Bishop International Limited as soon as possible. I am pleased to clarify this point and apologise for any misleading impression I may have given.
END