Sentinel: Norwegian group bidding to buy Port Vale FC

Sentinel: Norwegian group bidding to buy Port Vale FC

The Sentinel newspaper says that documents forwarded to them show that a Norwegian group are seeking to buy Port Vale FC for £6.5m.

On Thursday, chairman Norman Smurthwaite said two bids for the club were acceptable.

The group claims to be responsible for the signings of Sebastien Amoros and Anthony De Freitas in the summer.

According to the Sentinel the group also makes claims including:

  • A valuation of the Vale Park stadium of £10m
  • A valuation of the current squad of £5m
  • That if the club reached the Championship it would attract attendances of around 20,000

However, it is fair to say that many supporters would disagree with those valuations as being way off the mark.

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