Plymouth Argyle gets Time by the High Court to Clear its Debts

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NEW YORK (GaeaTimes.com) — The football club Plymouth Argyle
is given two months time by the High Court to clear all their debts with HM Revenue & Customs. The club told the court they are in the process of refinancing and also have an investor who is ready to invest 500,000 into the cash-strapped outfit.

The club and a related company, Home Park Properties, have a total tax debt of 760,000. They also claimed that the tax bill of 760,000 is too high and they can make payments to bring it down to 280,000 in January.