Speaking to BBC South West, Heaney said if approval wasn't in place by Thursday he would take his offer off the table.
"If they are not going to get this deal over the line on Thursday then Peter and I will walk away from the deal. There seems to be an unwillingness to get this deal done by administrators."
Plymouth are in dire straits at the moment and Heaney can't understand why his team's offer hasn't been accepted, "I urge administrators to get this deal over the line, we have the security of funds in place."
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