From their website:
RIDSDALE AT THE HELM
Posted on: Thu 30 Dec 2010
FURTHER to the announcement that Sir Roy Gardner has stepped down as Chairman, and the announcement that Keith Todd is relinquishing his cxecutive responsibilities, Plymouth Argyle announce that Peter Ridsdale will work as Football Consultant to the Board, initially until February 8, 2011.
Peter will work closely with Deputy Chairman Paul Stapleton and the rest of the Board to try to find a way of bringing financial stability to the club.
Peter Ridsdale commented: "It is a privilege to be asked to work with the Directors of Plymouth Argyle at this difficult time in the club's history.
"From what I have seen, the financial situation is precarious and no one should underestimate the challenge that faces this club in surviving the short-term financial pressures.
"The supporters, staff, manager and players have been magnificent during these difficult times and we will do all that we can to give the club the chance to avoid administration and to rebuild for the future.
"I ask everyone connected with Plymouth Argyle, the political and business communities in Plymouth, our creditors, and anyone else who feels that they can contribute, to work with us to find a positive outcome.
"I initially came to talk to Argyle regarding investment but, frankly, the true financial position that became apparent was significantly worse than had been volunteered.
"It therefore requires a different focus before traditional investment can be considered.
"Everyone will be working together to produce a positive outcome."
In otherwords, Ridsdale will dump the debt once the Rev have withdrawn the winding up order. Once the debt has gone, he will invest. What a shit this man is.
RIDSDALE AT THE HELM
Posted on: Thu 30 Dec 2010
FURTHER to the announcement that Sir Roy Gardner has stepped down as Chairman, and the announcement that Keith Todd is relinquishing his cxecutive responsibilities, Plymouth Argyle announce that Peter Ridsdale will work as Football Consultant to the Board, initially until February 8, 2011.
Peter will work closely with Deputy Chairman Paul Stapleton and the rest of the Board to try to find a way of bringing financial stability to the club.
Peter Ridsdale commented: "It is a privilege to be asked to work with the Directors of Plymouth Argyle at this difficult time in the club's history.
"From what I have seen, the financial situation is precarious and no one should underestimate the challenge that faces this club in surviving the short-term financial pressures.
"The supporters, staff, manager and players have been magnificent during these difficult times and we will do all that we can to give the club the chance to avoid administration and to rebuild for the future.
"I ask everyone connected with Plymouth Argyle, the political and business communities in Plymouth, our creditors, and anyone else who feels that they can contribute, to work with us to find a positive outcome.
"I initially came to talk to Argyle regarding investment but, frankly, the true financial position that became apparent was significantly worse than had been volunteered.
"It therefore requires a different focus before traditional investment can be considered.
"Everyone will be working together to produce a positive outcome."
In otherwords, Ridsdale will dump the debt once the Rev have withdrawn the winding up order. Once the debt has gone, he will invest. What a shit this man is.
