Peter Ridsdale has said that Plymouth Argyle’s Japan-based directors need to come up with some cash quickly to keep the club afloat. The Pilgrims’ football consultant has been a controversial figure in football, but many of the Green Army see him as a voice of relative sanity compared to George Synan and Yusaki Kagami who are not popular with many Argyle fans.
Peter Ridsdale has said that Plymouth Argyle’s Japan-based directors need to come up with some cash quickly to keep the club afloat. The Pilgrims’ football consultant has been a controversial figure in football, but many of the Green Army see him as a voice of relative sanity compared to George Synan and Yusaki Kagami who are not popular with many Argyle fans.
Mr Kagami, who is said to have a fortune of £42m, has never watched the club play. Mr Synan attracted criticism when he said that he was ‘personally not worried’ about the club’s cash crisis when he visited the city last month. The first of four agreed payments from the pair is now three weeks late. Ridsdale has now said that he will walk out at the end of the month if no cash appears.
A fire sale of players, in particular star winger Craig Noone, has staved off the immediate threat of closure by the taxman, but the club needs to find another £500,000 to stagger through to the summer. The sale of Bradley Wright-Phillips to Reading for £300,000 fell through after he failed a medical (he has knee problems). However, Argyle have paid off more than £1m in tax arrears.
Another possibility is the sale and lease back of Home Park. The stadium naming rights could also be sold, but are unlikely to fetch a big price in today’s climate.