Argyle's drifting with that debt albatross
AS AN ardent long-term supporter, Argyle are akin to a rudderless ship drifting aimlessly.
I wrote some time ago that I thought James Brent had been badly advised if Argyle had budgeted for a break-even figure of an average attendance of 8,000. The current average of around 6,500 would now appear to be a minor miracle.
I have wondered why we cannot compete financially with clubs in this division who attract a fraction of our attendances.
New director Colin Sexstone has put his finger on it by talking about the debt the club still carries. Supporters should be told how long this will be an albatross around our neck.
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It's hard to believe that Argyle would like to extend Vassell's contract to the end of the season but would have to apply to the football league to sanction it, due to the salary cap.
The salary cap is based entirely on turnover and the only way Argyle could be affected by this is if they are still paying players championship wages. If Darren Purse is being paid £8-10,000 per week, and by his own admission his departure would free up funds for two or three new players, this could be the case.
St Dominick, Cornwall