Vital Football

Latest Plymouth Argyle News

Charity Doesn't Begin At Home Park

Charity Doesn't Begin At Home Park

The Charity Commission has issued a damning report criticising the Trustees of the Plymouth Argyle Supporters Training and Development Trust.

Last season the Trust loaned PAFC £330,000 believing the cash would settle a tax bill with Her Majesty's Revenue and Customs and save the club from liquidation.
The loan was secured against the Home Park stadium and the Trustees agreed to a deal proposed by Argyle director Paul Stapleton, himself a Trustee with PAST&DT, and voted to loan the cash to PAFC.
However, just a few weeks later the club entered into administration and PAST&DT became a creditor.

In February 2011 PAST&DT issued the following statement:
'Plymouth Argyle Supporters Training and Development Trust is pleased to announce that following an opportunity to invest in Home Park Stadium
The Trust has agreed to provide a short term mortgage secured on Home Park Stadium.
These negotiations have been ongoing since the 1st of January and have now reached a satisfactory outcome.
The Trustees are pleased to have been able to agree a package which will benefit both parties.'

PAST&DT is a registered charity formed in 1995 to help the young players at Argyle.
PAST&DT housed the youth players at the Argyle Hostel with funds provided by donations from fans.
The Trust had a clear constitution: 'to provide and assist in the provision of facilities for recreation and other leisure time occupation for the benefit of young persons under 18 and resident in the counties of Devon, Cornwall, Somerset and Dorset and in particular, to provide education and training in the skills and techniques in football, so that due attention is given to the education and development of such persons.'

In 2007 the football club decided to house the young players themselves and consequently there was no further need for PAST&DT and the group decided to sell the Argyle Hostel.

The Charity Commission investigated the loan made by PAST&DT and were critical of Stapleton (pictured above) and the Trustees.

Read the full report from the Charity Commission HERE.



Click here to join in the debate on the club forum.

Writer:Ian De-Lar
Date:Friday March 2 2012
Time: 1:39PM

Login to post a comment

Recent Plymouth Argyle Articles

Argyle Sign Spencer

Argyle have signed striker Jimmy Spencer.

Argyle Sign Goodwillie

Argyle have signed striker David Goodwillie.

Argyle Sign International Defender

Argyle have signed Latvian defender Nauris Bulvitis.

Two Days To Go

It's official - Summer is over! Pre-season training for the Plymouth Argyle squad begins in just two days.

Archived Vital Argyle Articles

Vital Argyle articles from

Site Journalists

Ian De-Lar
Editor email
Profile

Current Poll (see more polls)

Will Argyle be promoted in season 2016-2017?
Suggested By: Plymouth Vital
Yes56%
No40%
Undecided4%

League Table

# Team P W D L Pts. GD
C Northampton 46 29 12 5 99 36
P Oxford 46 24 14 8 86 43
P Bristol Rovers 46 26 7 13 85 31
4 Accrington 46 24 13 9 85 26
5 Plymouth 46 24 9 13 81 26
6 Portsmouth 46 21 15 10 78 31
7 Wimbledon 46 21 12 13 75 14
8 Leyton Orient 46 19 12 15 69 -1
9 Cambridge 46 18 14 14 68 11
10 Carlisle 46 17 16 13 67 5
11 Luton 46 19 9 18 66 2
12 Mansfield 46 17 13 16 64 8
13 Wycombe 46 17 13 16 64 1
14 Exeter 46 17 13 16 64 -2
15 Barnet 46 17 11 18 62 -1
16 Hartlepool 46 15 6 25 51 -23
17 Notts County 46 14 9 23 51 -29
18 Stevenage 46 11 15 20 48 -15
19 Yeovil 46 11 15 20 48 -16
20 Crawley 46 13 8 25 47 -33
21 Morecambe 46 12 10 24 46 -22
22 Newport 46 10 13 23 43 -21
R Dag & Red 46 8 10 28 34 -35
R York 46 7 13 26 34 -36
Latest F1 News
Latest Vital Boxing News

Recent Plymouth Argyle Results (view all)

Plymouth Argyle Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Greeno121