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Blue Sky Deal


Torquay Valiant

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This is the link to the initial annoucement by Deakin about the above.

 

http://www.port-vale.co.uk/page/NewsDetail/0,,10381~2450794,00.html

 

£5 million over the next 12 months. Phew!!!!!!

 

My biggest customer is a staunch Yeovil fan, i've been to see them this afternoon and discussed our two deals with the company. I was of the understanding that the 2 deals were the same, if not very similar, as i would expect Yeovil to "kick off" if they didn't get a similar deal. After all there deal was announced after Vales.

 

This is obviously not the case, or is someone fibbing a tad.

 

Yeovil fans are not excited about the deal, its just a business deal.

 

They're putting in £1.25 million broken down as follows:-

 

£750k for the artificial pitches (most of which will be grants) which will be aimed at the community as well as the club.

£500k to fund tours to USA for the next 10 years.

 

Thats it, nothing more. No share purchase.

 

I think we've been sold a pup by the board, not by Blue Sky. I generally think it is a good deal but it would have been a very good deal if the "other deals" were allowed to take place.

 

http://www.ytfc.net/page/NewsDetail/0,,10673~2495577,00.html

 

Interesting.

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My point is there is no Blue Sky deal, there never was certainly not £8 millions worth.

 

The best we can hope for is the same as Yeovil.

 

Miller/Deakin have just used this to:-

 

1) Gain control of the club and its assets.

2) Get money out of Vale & Blue Sky

3) Con everyone.

 

Its all been a very elaborate con and if they'd sold doorstep insurance to an old lady they would've thrown away the key.

 

I would say that legally they've done nothing wrong, but under civil law they may have.

 

But that would cost!!!!!

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My point is there is no Blue Sky deal, there never was certainly not £8 millions worth.

 

The best we can hope for is the same as Yeovil.

 

Miller/Deakin have just used this to:-

 

1) Gain control of the club and its assets.

2) Get money out of Vale & Blue Sky

3) Con everyone.

 

Its all been a very elaborate con and if they'd sold doorstep insurance to an old lady they would've thrown away the key.

 

I would say that legally they've done nothing wrong, but under civil law they may have.

 

But that would cost!!!!!

 

The business brains behind Ameriturf and Blue Sky are no mugs.

I fear that there will be serious repercussions from these companies.

 

Here's hoping that the brunt of their legal proceedings do not fall upon Port Vale F.C. but upon the heads of the money grabbing individuals.

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