The Argyle Fans’ Trust board notes with interest the news of Tony Wrathall returning as a Director of PAFC.
We believe the vast majority of supporters will have justifiable concerns over this news in light of Mr Wrathall's involvement on the board of the previous regime, which ended with the Club almost folding.
The Club President has previously stated that James Brent said no ex-director would be allowed onto the Board or as an investor whilst he is in charge.
James Brent has himself said “My personal view is that a statutory board of directors must be people who provide good governance and direction for the club. It shouldn't be folk who are willing to buy their way into a boardroom seat and enjoying the football".
Yet this position has clearly now changed, and supporters are rightly asking why.
The appointment has been made despite part of the debt to those who worked for free to keep the club alive remaining unpaid.
It is not yet clear whether Mr Wrathall is taking a shareholding in PAFC. A stake of 5% was reported in the Herald. Does this mean that there is an urgent need for a cash injection into the Club? What is the Club’s financial position?
The Trust would like to know if any other avenues were explored before inviting Mr Wrathall to return to the Board, and whether there are plans to issue further invites to other former Directors who were also jointly responsible for Argyle’s descent into Administration.
Further, if this topic is not appropriate to be brought before the PASB to gauge supporter reaction, the value of appointing such governance may perhaps be considered irrelevant if this channel is circumnavigated on such a significant issue.
The AFT board, which has major reservations with this appointment, is therefore seeking urgent clarification from the Club regarding the reasons for the appointment being made.
Argyle supporters, and staff, who battled and went through significant heartache and hardship to save the Club during the Administration, deserve answers to these questions.
The AFT Board