Tag: Board misconduct
Find all stories and articles which have been tagged with board misconduct on Port Vale website onevalefan.co.uk
Port Vale columnist Martin Tideswell says that no-one believes a word the club says anymore, that “the directors continue to hide, squirm and delay” and that “nothing and no-one can redeem this current board in the eyes of the vast majority of Vale fans.”
Sentinel columnist and life-long Vale supporter Phil Sherwin believes some members of the board are “totally deluded” if they think their continued presence on the board is helping the club. Sherwin adds that he believes their continued presence is actually making things worse, not better.
Vale columnist Martin Tideswell is highly critical of the response of footballing authorities, the local MP and the city council to Vale’s current situation. He feels that these organisations could all intervene to help but they “have all been told what is going on and done nothing. They fiddle and talk in platitudes while Vale […]
The official Port Vale Supporters’ Club have hit out at the club’s board and accused them of “hiding behind spurious arguments to justify not talking to supporters and the media.” The Supporters’ Club adds that: “Mike Lloyd’s comments are thoroughly disingenuous given that the directors have not communicated with supporters and shareholders for some weeks […]
Port Vale’s £277,000 mortgage on Vale Park broke the terms of their agreement with the city council, the Sentinel has disclosed. The revelation means that had the club been forced to repay their £2.25 million loan agreement with Stoke-on-Trent council then the entire future of the club could well have been in severe doubt.
Port Vale columnist Martin Tideswell says that the “men responsible for the current financial meltdown batten down the hatches and show utter contempt for the will of the people they are supposed to serve” and it is “little more than a cynical attempt by the Chief Executive and his fellow directors to paint Vale fans […]
Documents disclosed to OVF appear to confirm fears that Directors Peter Miller and Perry Deakin may not have signed personal guarantees when they joined the Port Vale boardroom. Miller and Deakin caused a storm when it was revealed that, despite club statements to the contrary, they had not paid for their shares when they sought […]
Outgoing CEO Perry Deakin has caused outrage with the revelation that he will remain in his post at least until March despite resigning in November. The news emerged on Wednesday after a group of fans visited Vale Park demanding the CEO’s immediate exit. After club officials met the group, Deakin was (somewhat bizarrely) given a […]
Almost 97% of over 2,000 Vale fans polled during Monday’s Port Vale versus Cheltenham Town game have backed the Supporters’ Club call for an EGM. The group polled 2,147 fans at the Cheltenham clash, with 2,074 – or 96.6 per cent – of them supporting the action.
Mike Lloyd has confirmed that Micky Adams was right when the manager claimed that the club has no funds for January transfers. After the Cheltenham defeat, Adams told the press that the board has stopped player recruitment, despite Adams previously being given assurances that he would be handed vital transfer funds by then Chairman Peter […]
Interim Chairman Mike Lloyd his position on the Port Vale board is “tenable” despite admitting he didn’t know about the club’s £277,000 loan recently and controversially secured on the Vale Park stadium.
Outgoing CEO Perry Deakin has contradicted previous statements from then-Chairman Mike Lloyd and claimed that the £300,000 mortgage on the ground is needed to keep the cash-strapped club afloat. Deakin told the Sentinel newspaper: “The loan is worth £277,000 and the money will be used to pay for the day-to-day running of the club from […]
The official Port Vale Supporters Club have criticised the “misleading” financial information which has come from the club’s board and are concerned that fans are again being “misled” The group have issued a statement on Wednesday 28th December which reads as follows.
Port Vale have announced that of Chief Executive Perry Deakin has resigned and is “working his notice period.” This news will come as a surprise to Vale fans reading Friday’s Sentinel in which Deakin criticised an unknown club official for “bad advice” but indicated he would not resign.
The Sentinel claims that a document shows that BSI were to pay for the shareholdings of Perry Deakin and Peter Miller – in what appears to be a clear breach of the club shareholding rules. A document obtained by The Sentinel reveals that the US company was to fund the purchase of shares worth £500,000 […]
The Supporters’ Club have issued a rallying cry to Port Vale supporters and called on all fans to “use their voice and support us” The group has taken legal advice and is planning legal action against the “unlawful” board. The group intends to contact shareholders, conduct supporter polls and has asked shareholders to proxy their […]
Port Vale fans, eager to know how the club’s CEO and Chairman are earning their large salaries, may be bemused to hear that both Perry Deakin and Peter Miller will be missing from the club until the New Year. Gary Benson, membership secretary of the Supporters Club, emailed the club about their availability and received […]