Plymouth Argyle boss Peter Reid pleased despite loss

Peter Reid
Reid's side have still yet to win a match this season

Plymouth Argyle manager Peter Reid was 'delighted' with his side's performance despite losing to local rivals Exeter City in the Johnstone's Paints Trophy.

Luke Daley struck a spectacular long-range equaliser for Argyle after James Dunne had given the Grecians the lead.

Argyle missed all three of their spot kicks as they lost 3-0 in the shootout

But Reid told BBC Devon: "I'm delighted with the team's performance. I thought we played some really good football, I thought we were the better side."

He continued: "Unfortunately we can't take penalties, but we go again Saturday, it's a young side and if we perform like that we'll win football matches.

"We just need a little break here or there and I'm sure it'll come," added Reid.

But with the club's takeover still not finalised, despite funding apparently being in place, Reid is unsure whether he will be able to strengthen his squad.

He said: "The situation is difficult, and transfer deadline's up. I'm trying to do something, but we'll have to wait and see."