Plenty of managers say they’d do anything for their club. Precious few actually make the personal sacrifices that Peter Reid did for Plymouth Argyle. And how did they repay his commitment? With a one-way ticket to the unemployment line.
Plymouth Argyle, founded in 1886, are in dire financial straits at the moment. Just two years ago they were in the Championship, and the redevelopment of their ground, Home Park, was an integral part of England’s 2018 World Cup bid.
Since then, they’ve “done a Leeds” dropping down two divisions in two seasons and accruing over $30 million in debts. Former Man City manager Peter Reid took over in 2010, following the first of their two successive relegation campaigns and the resignation of Paul Mariner, now an assistant at Toronto FC.
With the club scrounging for money, Reid often stepped in to pay out of his own pocket. He covered a $1,900 heating bill last winter, and auctioned off his 1986 FA Cup runner-up medal with Everton to help the club meet payroll.
And on Sunday, chairman Peter Ridsdale, the man famous for overseeing the collapse of Leeds United, handed him his P45 and sent him on his way.
Full Story: CBS, BBC