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Plymouth hold talks with fans behind closed doors

Thu 16th Dec 2010 | Football Club Administration

Plymouth Argyle Football Club’s chief executive Keith Todd has faced fans of the club in a behind-closed-doors meeting.

According to southwestbusiness.co.uk the club’s executive director and deputy chairman Paul Stapleton held talks with representatives from the new Argyle Fans' Trust at Home Park, as the club's search for investment continues.

The Trust, headed by an interim steering group is bidding for more involvement in the running of Argyle, potentially leading to gaining a seat in the boardroom.

Club bosses were remaining tight-lipped about the Home Park cash crisis last night, despite continued pleas from fans for more transparency.

It is understood yesterday's meeting saw Mr Todd indicate he was keen to meet with the Trust on a "regular basis" to work alongside fans.

The Trust will be officially set up following a meeting with the Supporters Direct advisory group on Saturday, followed by a public meeting on January 15.

Former Leeds United chairman Peter Ridsdale had been back in the city for talks with potential backers as the club still searches for the £760,000 in unpaid tax needed by February 9 to avoid liquidation.

Directors are under pressure to inject cash or find new investment but may also need to sell players – and even the stadium – in a bid to balance the books.

The club has brought in financial consultant David Jones who will work with the club for the next 10-12 weeks.

Jones, who has a great deal of experience in football having been Finance Director at Southampton FC for the past 13 years will help with the day-to-day responsibilities of running the club whilst former financial officer Tom Kristensen continues to assist with the refinancing of the business.

 

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