'A summer full of sound and fury, signifying nothing…'

'A summer full of sound and fury, signifying nothing…'

Popular football blog Two Hundred Percent has published their take on Vale’s administration nightmare.

The feature begins: “200% has observed events at Burslem from a distance over the summer, as Port Vale appeared to be slowly edging towards an exit from administration. In recent weeks, Vale have begun to slowly edge nowhere. In the first of a two-part piece, Mark Murphy summarises what has happened, and what hasn’t happened at the club since April. In part two, he will try to detail why.

Last April, there were three bidders interested in buying League Two Port Vale out of administration Since then, a preferred bidder was selected, proof of funds produced, a Company Voluntary Arrangement (CVA) agreed with creditors, including the local authority, ownership documents signed and the preferred bidder declared “100% owner” of the club. At the time of writing, there are three bidders interested in buying League Two Port Vale out of administration. So why has so much happened, yet nothing changed? First signs were good, even to the jaundiced eye required to look at modern-day football club administrations. Co-administrators Bob Young and Gerald Krasner of Begbies Traynor selected their preferred bidder using the straightforward criteria of who offered the most money to creditors…”

To read the full feature click here:


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Author: Rob Fielding

Rob Fielding founded OVF in 1996. He's been a Vale fan for over 30 years and lives in Aylesbury. His favourite game was the FA Cup win over Spurs, his all-time hero is striker Andy Jones and he used to own a cat called Osher (named after former winger Osher Williams).

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On this day in Vale history...

  • 1916 Goalkeeper John Jones is born.
  • 1948 Striker Mick Cullerton is born.
  • 1977 Defender Sagi Burton is born.
  • 1994 Port Vale sign winger Steve Guppy from Newcastle Utd for a fee of £225,000.
  • 2008 Port Vale sign defender Gareth Owen on loan from Stockport County.

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