Argyle take step towards administration

Plymouth Argyle have issued a notice of intention to appoint administrators.   They now have ten days in which to decide whether or not to appoint administrators.   The move will give them protection against creditors, but it will incur a ten point deduction which puts them in danger of relegation.  This makes them less attractive to investors, although no serious expressions of interest have been forthcoming anyway.

Plymouth Argyle have issued a notice of intention to appoint administrators.   They now have ten days in which to decide whether or not to appoint administrators.   The move will give them protection against creditors, but it will incur a ten point deduction which puts them in danger of relegation.  This makes them less attractive to investors, although no serious expressions of interest have been forthcoming anyway.


This is the latest sad step in a sorry story in which Argyle fans have been led up the garden path by promises that were not delivered.