The Sentinel newspaper reports that Keith Ryder has now signed contracts and agreements with the Football League regarding his takeover of Port Vale FC and that all that is required for the deal to be completed is for the Football League to sign the documents.
“We have now signed all of the contracts in addition to the membership agreement from the Football League,” Ryder told the newspaper.
“This document still needs to be signed by the Football League itself, but I am hopeful we can bring this matter to a swift resolution.”
Ryder’s takeover of the club has been long and protracted. It was originally expected to be agreed at the end of June, but according to administrator Bob Young, tighter regulation following the collapse of Glasgow Rangers have caused this delay.