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You cant recreate a guild with the same name you had... its been used. (as far as I know)
You cant transfer GM. So, you would have to create basically a 'new' guild to 'move' GM status.
If you change GM/recreate your guild, the members will all have to change also, assuming they want to stick with the guild.
You CAN create/rebuild a pirate, even with the same name and associate this new pirate with any other guild, without effecting the rest.
But if the guild isnt going well, the perhaps its not that big an issue. Best of luck.
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