Argyle owner underwrites losses

Plymouth Argyle made a loss of close to £1.5 million in their 2018/19 League One relegation campaign, according to figures released by the club: Argyle deficit. The Pilgrims’ expenditure of £7,846,000 far exceeded the income of £6,375,800 but the shortfall was made up by owner/chairman Simon Hallett.

Argyle expect to make another loss this season, with Hallett again stepping in to provide the funding to cover that.

Wages are 64 per cent of income which is not an excessive figure.

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The Political Economy of Football V2

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