Peter Ridsdale, Acting Chairman of Plymouth Argyle Football Club, welcomed Friday's announcement from James Brent, Chairman and CEO of the Akkeron Group. He said:
''The staff, players and supporters of Plymouth Argyle have been living a nightmare for almost 12 months now and today's announcement from James Brent suggests that there is a real possibility of a successful outcome.
"The last year has done tremendous damage to Plymouth Argyle but the spirit that has been shown by everyone in keeping the club alive will be harnessed to rebuild and to provide a club that the City of Plymouth and supporters can continue to be truly proud of."
This statement was in response to an earlier release by James Brent, Chairman and CEO of Akkeron Group LLP, which read:
“Akkeron Group update in relation to PAFC.
"As previously announced, discussions have been held with representatives of the major stakeholders in PAFC. The intention of these discussions was to identify any obstacles to implementing a rescue of PAFC.
"James Brent, Chairman of Akkeron Group said: "A number of stakeholders are working hard to save the Club.
“‘I thank them for their efforts. I am pleased that no 'red lights' have been identified and I am more hopeful today than a week ago that the Club can defy liquidation.