Peter Miller is being paid $25,000 A MONTH – so will he now pay for his Port Vale shares?

The Inside World Football website claims that former Port Vale chairman Peter Miller was handed a $600,000 (Trinidad dollars) contract for a marketing role which is “yet to deliver a paying sponsor partner.”

In a series of allegations which it labels as a “comedy of corruption and financial malpractice” the website shows a copy of Miller’s Trinidad and Tobago FA salary which backdates Miller a whopping $25,000 salary for “services since on or about 25th November, 2019.” The contract guarantees the $25,000 per month salary until January 2022 despite, the website claims, Miller having failed to deliver a “paying sponsor partner.”

The huge salary will raise questions about whether Miller should be pursued for Port Vale shares he has still failed to pay for…

The huge salary will raise questions about whether Miller should be pursued for Port Vale shares he has still failed to pay for. Miller was appointed Chairman on the strength of those unpaid shares and his spell in charge saw the club plunge into administration shortly after his departure. It will also raise questions about what, it any, due diligence the Trinidad and Tobago FA took before taking on someone who played a huge role in Port Vale entering administration and nearly going out of existence.

With many fans, who properly paid for their shares, out of pocket, the Port Vale Supporters Club are still pursuing Miller and fellow director Perry Deakin for money owed to the club, but with Miller not resident in the UK any prospect of recovering the money is unlikely.

You can read more details on Miller’s current salary at this link –

http://www.insideworldfootball.com/2020/06/23/ttfa-bosses-guaranteed-marketing-man-miller-600k-corruption-schemes-unravel/

Miller was a member of the infamous Port Vale “MOLD” board of which there is more information below:

MOLD - the board which nearly killed Port Vale

Peter Miller, Glenn Oliver, Mike Lloyd and Perry Deakin (the first letter of their surnames spelling “MOLD”) led the football club into administration after a number of highly controversial decisions notably Deakin and Miller’s ascent to the board despite not paying for their shares (the so-called “nil-paid shares” affair), failed financial link-ups with two US companies Ameriturf and Blue Sky International (their £8m deal was described as “pure fantasy” by the firm’s CEO), a secret remortgaging of Vale Park which broke the terms of the club’s loan agreement with Stoke-on-Trent council and being sued by former club sponsors Harlequin Properties.

On 9th March 2012, the club entered administration for the second tie in its history after HMRC issued a winding-up petition.

To date, Deakin and Miller have failed to pay for any of the shares they “purchased” in Port Vale football club. The Port Vale Supporters club are continuing legal efforts to reclaim the money from the pair and reimburse many Port Vale fans who, as shareholders, lost money when the pair illegally joined the Port Vale board and mismanaged the club.

 

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