Mystery court hearing over Argyle

Plymouth Argyle are expected to go into administration this afternoon, but in a surprising development the club had to dispatch a barrister to a behind close doors court hearing in London which was scheduled to start at 10.30 a.m., but has now been postponed until this afternoon after a series of delays.   It is still not entirely clear who has brought the action or what it is about or whether it will be held in public or private. &nbsp

Plymouth Argyle are expected to go into administration this afternoon, but in a surprising development the club had to dispatch a barrister to a behind close doors court hearing in London which was scheduled to start at 10.30 a.m., but has now been postponed until this afternoon after a series of delays.   It is still not entirely clear who has brought the action or what it is about or whether it will be held in public or private.  However, t has been suggested that Revenue and Customs is involved wants to force Argyle into administration so that they could appoint their own administrator.


Meanwhile the Charity Commission is investigating formal complaints about a £330,000 loan made to the club by the Plymouth Argyle Supporters and Training Development Trust which was set up to help young footballers in the area.   The loan takes the form of a mortgage at rates higher than the current prevailing rate and secured on Home Park.   However, some fans were concerned that it might be difficult to get the money back.


Depending on how the purposes of the charity are defined, it could be argued to be an improper use of its funds.   From personal experience of being the trustee of a charity I know that charity law is a minefield.  The Charity Commission can be tenacious in investigating breaches of law or procedure.