Supporters Club: Ryder deal not completed

 

The Port Vale Supporters Club claim that potential owner Keith Ryder has still not completed his deal despite Ryder asking for the deadline to be extended until Wednesday.

Administrators Begsbie Traynor originally gave preferred bidder Ryder a deadline of the 31st July to finalise his takeover but Ryder then asked for a further 24 hours extension to complete his deal.

However, according to a news release by the Supporters Club this has not happened.

The news article from the Supporters Club reads as follows:

The Supporters’ Club has just spoken to administrator Bob Young who has again contacted us this evening as promised.

Mr Young confirmed the deal has still not been finalised and funds have not been transferred, however, Mr Young said he had more discussions with Keith Ryder today who assures him he is working hard to complete the deal as soon as possible.

Meanwhile Mr Young continues work on Plan B and he assures us he will keep the SC fully up-to-date with any developments as soon as they happen.

Mr Ryder has still not returned any calls to the Supporters’ Club.

Link: http://www.portvalesupportersclub.org/site/?p=889

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