SAD NEWS: Plymouth Argyle will incur a deduction of 10 points for breaching the…

Ray’s report stated that Argyle’s cash reserves dropped by £1.5 million to £5.3 million by June 30, 2023, while highlighting that the club still faced significant financial challenges. Net assets declined to £1.2 million, and the club remains in debt. Argyle has now submitted its annual report and financial statements to Companies House.

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