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Consultancy firm Begbies Traynor were appointed the Port Vale FC administrators on two separate occasions and were tasked with finding new owners for the football club.
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The club’s administrators and the Supporters Club have issued their second fortnightly statement. It states that a seventh bidder has expressed interest in Port Vale and the administrators are “working hard to secure an acceptable offer.”
Port Vale FC’s administrators Begsbie Traynor have announced that they are talking to other interested parties after preferred bidder Keith Ryder missed Tuesday’s deadline to complete. However, the administrators do say that Ryder remains as one of the potential candidates to take over the club.
The Port Vale Supporters Club have issued a statement in which they have expressed concerns over delays to Keith Ryder’s takeover of the club. The statement says: The Supporters Club understands why fans are “justifiably angry and concerned” Administrators have given Ryder 24 hours to complete the deal They hope the deal will be completed […]
All Vale fans know this already… but Rob Fielding ponders another crucial week for Port Vale FC. And Fielding repeats his appeal for the club’s administrators to help calm anxious fans and keep them updated as events unfold.
A press conference at Vale Park has announced that Lancashire businessman Keith Ryder is the administrators’ preferred bidder. Ryder was chosen ahead of other candidates including local businessman Mo Chaudry by the club’s administrations Begsbie-Traynor.
Port Vale manager Micky Adams has moved to reassure fans that he is not seeking to engineer a move away from the club. Adams’ post-match remarks caused media speculation that the manager was upset with the administration of the club after he told reporters that: “I’m taking legal advice, and we’ll see where we go […]
In a press conference, Port Vale administrators have told the media that two companies have already expressed an interest in buying Port Vale – Stoke-based International Piping Products (IPP Group) and another unnamed company. Meanwhile, local businessman Mo Chaudry is expected to express an interest in the next few days.
Port Vale FC have released a statement that confirms the club have applied to enter administration for the second time in their history. The club have asked for Bob Young, Steve Currie and Gerald Krasner of Begsbie Traynor to be the joint-administrators of the club.