Thursday’s deadline was their last hope of raising cash to pay for the staff and player’s wages [who are currently operating without pay], and other costs of running a club. They had sold 3 players already, which is the maximum, and therefore required a loan, which they couldn’t get.
The club was put into administration in March, which also docks them 10 points, leaving them bottom of League one.
Plymouth may need to agree to a buyout to secure operating and wage costs, and two prospective deals are in negotiation, but can be vetoed by the club’s former chairman, Sir Roy Gardner or executive director Keith Todd.
