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 […]