Potential owner Paul Wildes has told the Sentinel that he aims to make Port Vale “sustainable” and that the club is a “sleeping giant.”
We’ll invest wisely, make sound commercial decisions and take long-term views.
Wildes told the newspaper: “It’s a sleeping giant, certainly at League Two level, and there is already a nice base to work on. But I can see big opportunities to do a lot more. I’m looking forward to it. It’s going to be fun.
“Historically, football clubs are not well managed, and there has been an issue about how best to do that,” he added.
“We believe the ground is an undervalued asset at the moment and we’re planning to develop the commercial side.
“But every business needs to be sustainable, and we’ll aim for that as quickly as we can.
“We’ll make initial investments, both in the business itself and the team, and try to drive up the value of the company, and that’s a recipe for success in itself.
“We will own the stadium and we’ll be debt-free, but we won’t be pouring money into a black hole. We’ll invest wisely, make sound commercial decisions and take long-term views.
“Over time, we hope supporters will see the benefits.”