Plymouth Albion: National League One club to enter administration
National League One club Plymouth Albion have announced they are set to appoint an administrator.
Albion came close to going into administration in January 2015, before receiving a £250,000 cash injection.
"We have been working with potential new investors who can provide a strong financial base," a club statement said.
"The proposed administrator is already working with the interested parties and we hope to announce further details in the next few days."
In February of this year, Plymouth chairman Peter Vosper said the club was in a "more stable" position, 12 months after appointing a new board,
Plymouth are third in National League One, 14 points behind leaders Richmond.