Pilgrims Rescue Package

Summary


An offshore property company behind the takeover of Plymouth Argyle, is legally bound to complete the deal.

Bishop International, led by Truro City Football Club owner Kevin Heaney, signed its side of a sale and purchase agreement for the Pilgrims yesterday. The move locks the Gibraltar-based firm into completing the Pounds 5 million-plus deal - if the Football League gives it the green light.

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Extract


Pilgrims Rescue Package

However, no money has yet changed hands - and rival bidders are still taking an interest.

Devon investor James Brent last night promised not to sta...

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