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Administrator: Bob Young and Co


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Nothing on that link or website mentioning admin or young

 

It says

An application for an administration order has been made to the High Court in Birmingham today to appoint Bob Young, Steve Currie and Gerald Krasner of Begbies Traynor as joint administrators of Port Vale (Valiant 2001) Football Club Ltd from Friday 9th March 2012.

 

"Our first priority is to look at every aspect of the operation of the business in order to stabilise the business and allow the club to remain trading until at least the end of the season.This can only be done by reducing all outgoings and costs in a considered and organised manner until they are covered by the known income that will be generated by the club over the coming months until the season ends in May," explained Mr Young.

 

"Once the initial exercise of stabilising the business has been completed, we will be looking to initiate conversations with potential buyers for the club, and hope that this process will deliver an offer that can be considered by the creditors of the company.

 

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"During the course of our duties, we will establish the underlying reasons for the failure of the business, and we will investigate any matters that are brought to our attention," he concluded.

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i did wonder if bob young was still around, interesting that it will be him again this time....to my memory none of the players left and horton stayed on reduced wages....the highest profile casualty was grew

 

i would have thought the wage bill would have been higher back then as we were in a higher division

 

what im saying is that i just hope not too many employees are not shown the door before something gets sorted

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