Rumour: Are Vale set for takeover bid?

Rumour: Are Vale set for takeover bid?

The Sentinel newspaper claims that Vale supporter Jason Nixon has “business contacts interested in buying the club” although they are yet to speak to owner Norman Smurthwaite.

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Editorial Note

This feature contains rumour and speculation which has not been verified by OVF or the club. We make no apologies for publishing some rumour and gossip articles as after all, even the state broadcaster, the BBC, publishes a daily Football Gossip column.

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Following a dispute between the club and its Port Vale in the Community scheme, Nixon has arranged for rent-free premises for the community operation because he “was worried about how the trust could do their work, such as going into schools or helping disabled people. How can the club compete with Stoke City if it doesn’t have a Community Trust that’s working with kids and at grass roots level?”

The Trust’s chairman (and former Supporters Club chairman) Pete Williams added that “Jason introduced me to a consortium made up of local, Asian, middle-eastern businessmen who are very interested in opening talks with Mr Smurthwaite to purchase and invest to move the football club forward.”

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