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Plymouth in High Court today

Wed 8th Dec 2010 | Legal

Plymouth Argyle Football Club are in the High Court from today fighting a winding-up petition in relation to an unpaid tax bill.

The League One club, who were served with a winding up petition by HM Revenue & Customs on 23 October has struggled pay the salaries of both the playing and office staff for November.

Plymouth recorded a £2.8m loss for the 2008/09 financial year and were previously issued with a winding-up order for unpaid tax by HM Revenue & Customs last season.

Speculation exists that former Cardiff City and Leeds chairman Peter Ridsdale has been in talks about investing with the club.

In a statement recently released by Plymouth said: "Peter has extensive experience in football.

"He is just one of a number of parties that we have undertaken exploratory discussions, with regard to potential future investment."

Further details of the case to be announced

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