Charles Machin: Vale Face Extinction
It could be interpreted as a real crisis, scare-mongering, publicity seeking or just an attempt to force through the Paladini deal – but Vice Chairman Charles Machin has told local radio that Vale could cease to exist if a contract is not agreed with the Italian football agent.
The Vale board recently voted unanimously to accept the bid of £530,000 from Paladini to take a majority stake in the club, but according to press reports, the deal has not yet been signed.