Manorshop owner says he will appoint former director if sale progresses
Manorshop owner Kevin Jones says that his own experience of the stadium infrastructure plus using the experience of former director Alan Jones are key to his takeover plans.
Manorshop owner Kevin Jones says that his own experience of the stadium infrastructure plus using the experience of former director Alan Jones are key to his takeover plans.
The local firm have made a bid to take control of Port Vale FC – should Norman Smurthwaite sell to them?
OVF editor Rob Fielding thinks that owner Norman Smurthwaite should sell the club to Synectics Solutions.
Local Burslem firm Synectics Solutions have made a £1.25m bid to purchase Port Vale FC.
Chairman Norman Smurthwaite has issued a statement on the potential sale of the club.
The Sentinel newspaper says that documents forwarded to them show that a Norwegian group are seeking to buy Port Vale FC for £6.5m.
OVF editor Rob Fielding says it is an impossible task for fans to make a decision on whether Norman Smurthwaite should sell the club.
Back in 2003, Gianni Paladini was linked with a Vale takeover. Here is how we reported it at the time…
Port Vale US bid: Port Vale chairman Norman Smurthwaite is expected to make a statement on how talks with a US consortium progressed.
The Staffordshire Sentinel reports that Port Vale owner Norman Smurthwaite is to visit the USA for “crucial” takeover talks.
Port Vale takeover bid: the Sentinel newspaper claims that Vale supporter Jason Nixon has “business contacts interested in buying the club” although they are yet to speak to owner Norman Smurthwaite.
Alchemy takeover: Port Vale FC have issued the following statement to confirm that Paul Wildes’ Alchemy Investment group have taken over the club.
Wildes completes Port Vale takeover: Port Vale’s 252 day spell in administration is finally over after Paul Wildes and business partner Norman Smurthwaite completed their takeover of the club on Tuesday.
According to BBC Radio Stoke, the takeover by Paul Wildes and Norman Smurthwaite is imminent as the club are now just waiting on confirmation from the Football League.
Norman Smurthwaite, who along with Paul Wildes is the preferred bidder to take over the club, has told the Sentinel that he expects to complete the takeover of Port Vale ahead of the game with Bristol Rovers.
The Port Vale Supporters Club says that the club’s administrators and preferred bidder Paul Wildes have set a date of the 20th November to complete Wildes’ takeover of the club.
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.
Football League representatives will meet preferred bidder Paul Wildes and business partner Norman Smurthwaite on Friday as the pair hope to finalise their takeover of Port Vale.
OVF founder Rob Fielding agrees with an approach of “cautious optimism” for preferred bidder Paul Wildes and comments that even though the Supporters Club and Martin Tideswell have used the same phrase “nevertheless, I still think it’s worth reiterating.”
The Sentinel newspaper claims that Port Vale will hold a press conference on Tuesday when the club’s preferred bidder will be revealed.
Administrator Bob Young has told the Sentinel newspaper that the club are in “advanced talks” with “three definite front-runners” bidding to takeover the club. Young also added that he was confident of “a deal progressing within a month.”
A twitter posting from the Port Vale Supporters Club has updated fans on the latest takeover situation at the club.
Businessman Mike Newton has announced his departure from the Oldham Athletic boardroom, but the 42 year-old says the move is not due to any interest in taking out Port Vale FC.
Port Vale’s administrators are expecting “at least one concrete bid” from the four parties bidding to take control of the club.
Administrator Bob Young has told the Sentinel that a fourth bidder has expressed interest in taking over the club and that the potential sale of the club will not be hurried as “there is no rush this time.”
There is still no news on whether prospective owner Keith Ryder has delivered on his latest promise to deposit the money for his takeover with solicitors on Tuesday.