National newspaper says Port Vale sale is due to be completed soon

The Mirror says that Port Vale owner Norman Smurthwaite is set to complete the sale of the club very soon.

Synectic Solutions owners Carol and Kevin Shanahan entered an exclusivity deal after making a bid for the club and are widely expected to take over from Smurthwaite.

Port Vale fans have been protesting against Smurthwaite’s ownership this season and the owner responded by saying he would take the club into administration if a deal was not completed by May 5th.

The tabloid claims that that sale is imminent and that Smurthwaite could soon bid for League Two rivals Notts County despite the Vale owner denying any interest when interviewed by the Stoke Sentinel newspaper.

The Mirror claims:

Port Vale owner Norman Smurthwaite is close to selling up and is now considering buying League Two crisis club Notts County.

Mirror Sport understands Smurthwaite is finally set to go after a lining up a deal to sell to Carol and Kevin Shanahan, who own Stoke-on-Trent-based IT company Synectics Solutions.

A deal worth up to £4million is due to be completed soon after Vale secured their League Two status.

A source told Mirror Sport: “Alan has four interested parties and Smurthwaite’s bid currently looks the most attractive.”

 

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