Port Vale CEO: two bids but no approach by “Asian consortium”

Port Vale CEO Colin Garlick has told supporters he has spoken to two potential bidders but they do not include the “Asian consortium” mentioned by owner Norman Smurthwaite.

The Valiants were rocked when owner Smurthwaite said the club would be put into administration unless a new owner was agreed by the 5th May. This prompted long-term bidders Synectics Solutions to make another offer for the club.

Garlick told a Supporters Club meeting that he had been in talks with two bidders, one local and one from “farther afield”. However, he clarified that was not the Asian consortium which was mentioned by owner Norman Smurthwaite.

Garlick’s comments contradict owner Norman Smurthwaite who claimed that the Asian Consortium wanted to enter exclusive talks to buy the club for £2.8m.

Last week Smurthwaite said bids would be handled by CEO Garlick and if the consortium has not yet spoken to the CEO, it would appear that there has been no formal bid from the group at this stage.

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