The sale of Bradley Wright-Phillips to Charlton has solved Plymouth Argyle’s immediate cash crisis, but the club remains on a knife edge. The amount the Addicks paid for Wright-Phillips has not been disclosed, but it may be close to Argyle’s oustanding £265,000 tax bill which can now be paid, thus staving off the threat of a winding-up order. Charlton certainly paid less than Reading were prepared to offer earlier in the month, but he faile
The sale of Bradley Wright-Phillips to Charlton has solved Plymouth Argyle’s immediate cash crisis, but the club remains on a knife edge. The amount the Addicks paid for Wright-Phillips has not been disclosed, but it may be close to Argyle’s oustanding £265,000 tax bill which can now be paid, thus staving off the threat of a winding-up order. Charlton certainly paid less than Reading were prepared to offer earlier in the month, but he failed a medical there, but a subsequent examination by a specialist confirmed that he could go on playing despite a knee injury.
Plymouth face a continuing cash flow problem and the challenge of paying wages. None of the promised money from Japan has arrived, calling into question the commitment of the Japan-based directors. Administration remains a real possibility.