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Peter Ridsdale Quits Plymouth Argyle

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12:55pm 6th December 2011

The man who helped save Plymouth Argyle from going under is stepping down.

Peter Ridsdale has been named chairman of League One side Preston North End.

He was acting-chairman for the Pilgrims while they battled to avoid administration.

In a statement, Peter says "Working with Plymouth Argyle through the dark days of administration was the toughest challenge that I have ever had to deal with in football. With the unswerving loyalty of the staff, players and supporters, we were able to keep the club alive and it is now firmly in the hands of the right owner and one who in my opinion will take the club forward and rebuild it for future success.

"The opportunity that has arisen is one that I cannot turn down and its challenge and geography allows me to once again return to my family home."

The Pilgrims say they are looking for a replacement.

Owner James Brent said: "I would personally like to thank Peter for his contribution to Plymouth Argyle as there is little doubt that, without his presence here during the period of administration, it is highly likely that this football club would no longer exist."

"In expressing my disappointment at Peter leaving, I fully understand the reasons why he would wish to take up the offer at Preston North End and I and everyone at Argyle wish him well for the future."

12:55pm 6th December 2011

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