THE EFL have begun the initial approval process over a potential new investor for Plymouth Argyle, the club's owner and chairman Simon Hallett has revealed.
Hallett told a Plymouth Argyle Cornish Supporters' Association fans' forum in St Dennis on Monday night that he was 'on the verge of being able to come public with something'. The United States-based businessman has been searching for someone to put additional funds into the Championship club since the summer of 2023.
The process has not been an easy one, but Hallett seems optimistic the hunt could be drawing to a conclusion and he declared it would take the club's playing budget from the bottom two or three in the Championship to just below halfway.
"We have been disappointed in how long it has taken to find a new investor. I have been thinking this for about eight months, but I think we are on the verge of being able to come public with something.
"We have actually got the EFL already beginning the initial approval process. The progress has been slow and every time I think we are close, you get a little bit closer but you don't quite get there.
Denne historien er fra December 04, 2024-utgaven av The Herald.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 04, 2024-utgaven av The Herald.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Whittaker hits his century of Argyle outings
MORGAN Whittaker is set to make his 100th appearance for Plymouth Argyle in the away Championship game against Stoke City today (12.30pm).
A WELCOME RETURN
CISSOKO BACK AFTER THREE MONTHS OUT
Argyle without Gibson as he heads to Preston
PLYMOUTH Argyle will be without defender Lewis Gibson for today's Championship clash at Stoke City after he yesterday joined Preston North End for what the club called a \"significant undisclosed fee.\"
New year, new job buzz for Hamilton
SWITCH TO FERRARI GIVES LEWIS FRESH IMPETUS AFTER A YEAR OF STRUGGLE
Musk 'could help us fight online abuse'
ELON Musk’s attacks on the UK Government’s handling of child grooming gangs are “misjudged and certainly misinformed”, Wes Streeting said.
Zelensky talks Trump
TRUMP is \"strong and unpredictable\" and those qualities can be a decisive factor in his policy approach to Russia's invasion of Ukraine, according to Ukrainian President Volodymyr Zelensky.
Warnings in place as cold weather hits
LARGE parts of the country will face disruption from heavy snow and freezing rain over the weekend after forecasters issued two amber weather warnings.
Care crisis pledges
PEOPLE should be \"protected from the catastrophic costs of upfront care\" that see them forced to sell their homes, Wes Streeting has suggested.
Biker slams 'shoddy' new parking spaces
SAYS NEW SITE IN PRINCESS STREET IS MUCH SMALLER
Burglar's 24-hour rampage'
A MAN is set to face a judge for sentencing later this month after he admitted burgling a series of commercial businesses, including two of the city's most well-known latenight eateries.
