Cash-strapped Plymouth will appear in the High Court in London on Wednesday morning to fight a winding-up order in relation to an unpaid tax bill.
The npower League One club have been served the petition by Her Majesty's Revenue and Customs after failing to pay £700,000 of tax, which has seen their staff's November wages go unpaid.
If Argyle do not find the funds to clear their debt then they could be plunged into administration and face a 10-point deduction which would leave them bottom of League One.
But with the search for investors in the club still ongoing, it is believed that Plymouth will request more time to pay the bill - a luxury which was granted to fellow League One outfit Sheffield Wednesday last month when they faced closure over £600,000 of tax arrears.
Despite still not being paid and uncertainty over the future of the club, defender Jim Paterson insists the mood at Home Park is remaining positive.
"There has been no moping or complaining among the boys," Paterson told the Herald.
"Things have been difficult enough with the weather conditions and games being called off.
"Obviously, we can't do anything about the court appearance. The boys have been coming in for training and just getting on with things. All we can do is keep our heads down and work hard.
"We haven't held a team meeting, or anything like that, even though we haven't been paid. We will just wait and see what happens Wednesday."
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