In a press release sent to OVF, preferred bidder Paul Wildes has indicated that he expects his takeover of the club to be completed by the 18th November at the latest.
The following press release was written on the 3rd November, the day after Wildes’ meeting with the Football League. It indicates that Wildes expects to complete his deal within ten to fifteen days.
It reads as follows:
WILDES OUTLINES ONGOING PLANS FOR PORT VALE AS FOOTBALL LEAGUE PREPARES FOR TAKEOVER
Following the meeting with the Football League yesterday, Paul Wildes CEO and Founder of the Alchemy Investment Group has issued the following statement:
“Yesterday’s meeting with the Football League went very well. The officials will now report to the Football League Board, and we expect the takeover will be completed within the next 10-15 days.
“I would like to thank the Port Vale supporters, once again, for their ongoing patience and support.
“As I have previously stated, our intention is to develop the club both on and off the field.
“We’re continuing to work hard, supporting Micky and the squad as they push for promotion, building on the promising start the team has made in the first 15 games of the campaign – and I’d like to take this opportunity to wish the team the best of luck in this afternoon’s FA cup tie.”
“It’s an exciting new era for Port Vale and I am looking forward to the months and years ahead.
“We will continue to keep supporters informed and updated on the news and decisions that affect their club.”
Paul Wildes was named as the preferred bidder of Port Vale Football Club last month.