PLYMOUTH Argyle made a £3.4 million loss during their 2022/23 League One title-winning season, largely as a result of one-off non-recurring costs triggered by their promotion to the Championship.
They included contingent payments on player loan transfers, performance bonuses to first-team players and management, along with a legacy payment to a bank in accordance with an agreement entered into when the club exited administration in 2011.
Other cost pressures resulted from the high level of inflation across the wider UK economy and scaling up to accommodate the return of major concerts at Home Park in the summer. There was also the launch of Evergreen, the subscription fans fund, and the acquisition of Harper's Football Centre, formerly Goals, off Outland Road.
Argyle head of finance David Ray said in a club statement: "These all form part of our long-term strategy of diversification and optimising the use of our facilities." Total income in the year was over
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'A STUPID TACKLE
CALLUM WRIGHT BAN LEAVES INJURY-HIT ARGYLE EVEN MORE DEPLETED
Bundu is the latest addition to lengthy injury list
PLYMOUTH Argyle are assessing the severity of the hamstring injury suffered by Mustapha Bundu during the 4-0 Boxing Day defeat away to Coventry City.
Argyle must find an answer to away-day embarrassment
PLYMOUTH Argyle's record of 10 defeats and no wins from 12 away Championship matches this season is bad enough.
Hope ends in heartbreak once again
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Starmer's tribute to brother Nick, 60
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Badenoch hits back at Reform
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150k cross the Channel in 7 years
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German election date
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School's pride in praise by Ofsted
UNGRADED INSPECTION FOR MONTPELIER
Tale behind city wall of poetry
POEMS DESIGNED TO LIFT UP SECTION OF COASTAL PATH
