In his latest column, OVF founder Rob Fielding ponders whether, in light of the email sent to Hank Julichier demanding payment for shares, the club’s solicitors need to be sending letters to two prominent club officials who have yet to prove proof of payment for their significant shareholdings.
Port Vale CEO Perry Deakin was labelled “disgraceful” for sending an email to Blue Sky Turf CEO Hank Julichier demanding payment for his “shares.”
The Sentinel newspaper revealed this week that Deakin had sent an email, with what some fans may interpret as legal threats, to Julichier claiming that BSI still owed the club money for the shares and urging Julichier to clear his “debt”.
Deakin’s e-mail stated: “From a legal perspective you currently hold 30,000 £5 shares which remain unpaid.
“Our solicitor’s advice is to now place a call upon those shares for full payment – no one at Port Vale wants to go down that route as we are certain we can resolve this mess without legal intervention.
“We have recently met and negotiated with a group who wish to invest in the club and this offers the opportunity for you to release your current technical debt.”
It is surely a ridiculous situation for the club to try and get someone to pay for shares that were reported as “withdrawn” in an official club statement in December.
Nevertheless, I have some very simple questions to ask of Mr Deakin…
Whilst BSI’s shares have been “withdrawn” there are two other major “shareholders” with active shareholdings who have provided no evidence of paying for them.
Those people are Mr Perry Deakin and Mr Peter Miller.
Will the club’s solicitors therefore be “placing a call upon those shares for full payment?”
Perhaps it’s time for another email Perry…
About the author: Rob Fielding has been a Port Vale fan for thirty years. He founded the award-winning onevalefan.co.uk website in 1996. These are his personal views and he welcomes your comments on them.