Fans await administrators’ announcement
Monday’s deadline for bids to take over Port Vale FC has now passed and the club’s administrators will now consider them before announcing their preferred bidder later this week.
The bidders are believed to include local businessman Mo Chaudry who is the only bidder who has not remained anonymous. Chaudry announced on his Twitter account – “my bid for Vale will go in Mon.will be competitive and detailed.”
The administrators, Corporate Rescue and Recovery specialists Begbies-Traynor, have indicated that it is likely that the bidders that offer the most money will be their preferred bidders, but until that announcement is made, Vale fans will be anxiously waiting for that all-important statement from the club’s administrators.