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Plymouth's Administrator has issued a statement saying that the club will be sold to the preferred bidder after they proved they had funds. The statement reads:
"The joint administrators of Plymouth Argyle Football Company Limited (in administration) are satisfied that Bishop International Limited has secured the necessary funding and everything is agreed between the numerous parties.
"Solicitors are now working to finalise the documentation and complete the sale to Bishop International Limited / Plymouth Argyle (125) Limited."
It is now expected that the club will receive ratification from the Football League and will eventually end up in the ownership of Peter Ridsdale.
Meanwhile, Bristol Rovers have signed defender Danny Woodards on a one year deal ahead of tomorrow's game. The former Exeter man left MK Dons in the summer after turning down a new deal.
