Peter Miller Port Vale salary: a copy of a letter that was sent to Peter Miller detailing his chairman’s salary.
The letter shows the amount Miller would earn while Port Vale chairman. The lucrative package included an annual income of £100,000; accommodation while in the UK, eight flights per year to the UK, the use of a vehicle and reimbursement of expenses.
It’s an extraordinary amount of money for a lower league football club to pay to their chairman.
A copy of the salary letter is shown below.
Peter Miller Port Vale salary letter:
The disclosure of this letter apparently prompted the board to “storm out” of a meeting and subsequently deny the official Supporters Club access to the Tommy Cheadle’s pub for their meeting that night. The club complained to the police about “theft” of club documents but the police investigation was ended without any convictions or charges. No other Port Vale chairman has received a salary much less one of over £100,000 per annum.
MOLD - the board which nearly killed Port Vale
Peter Miller, Glenn Oliver, Mike Lloyd and Perry Deakin (the first letter of their surnames spelling “MOLD”) led the football club into administration after a number of highly controversial decisions notably Deakin and Miller’s ascent to the board despite not paying for their shares (the so-called “nil-paid shares” affair), failed financial link-ups with two US companies Ameriturf and Blue Sky International (their £8m deal was described as “pure fantasy” by the firm’s CEO), a secret remortgaging of Vale Park which broke the terms of the club’s loan agreement with Stoke-on-Trent council and being sued by former club sponsors Harlequin Properties.
On 9th March 2012, the club entered administration for the second tie in its history after HMRC issued a winding-up petition.
To date, Deakin and Miller have failed to pay for any of the shares they “purchased” in Port Vale football club. The Port Vale Supporters club are continuing legal efforts to reclaim the money from the pair and reimburse many Port Vale fans who, as shareholders, lost money when the pair illegally joined the Port Vale board and mismanaged the club.