A move for Jephcott from an Owls perspective was always going to be tough given their financial situation at present, and the forward’s new two-year deal would make it even more difficult if they were to try and challenge other potential suitors for his signature.
For Lowe, who is now manager of Argyle, he’s pleased that one of his star players will not be seeing his deal run down ahead of what could be a key 2021/22 campaign for the Pilgrims.
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Speaking to Plymouth Live, the former Wednesday man said, “We were in negotiation with Luke for a while. I always say to all my players ‘You do good by me and the football club, I do good by you’. Since I have been here in the last two years he has signed three contracts.
“That’s a statement of intent from me, my staff and the board of directors that we have seen the qualities he has got and let’s reward it. Yeah, we don’t want a prized asset, if you like, to run down his contract.
“Luke has now extended his contract for a further two years, which benefits him and benefits us. He did have a good season, but it could have been an excellent season.”
Wednesday haven’t made any moves in the transfer market yet as they deal with issues of unpaid wages and reported transfer embargos, despite the fact that they will return for preseason later this month.