Port Vale accounts show £2.44m director’s loan
Port Vale’s latest accounts show a £2.44m director’s loan payable to owner Norman Smurthwaite.
Tag: Port Vale finances
Find all stories and articles which have been tagged with Port Vale finances on onevalefan.co.uk
Port Vale finances have been a popular debating subject among Vale fans especially as the club has entered administration twice. Our archive features all the latest Port Vale financial news.
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Smurthwaite: I will not discuss the asking price for the club
In answer to a direct question from OVF editor Rob Fielding, Norman Smurthwaite says he will not discuss what price he wants for the football club.
Smurthwaite: Railway bar coming this summer but Lorne St work on hold…
In a response to an opinion piece on OVF, owner Norman Smurthwaite has given an update on ground developments.
Smurthwaite: Vale is not self-sufficient, poor gates, high staff costs mean monthly losses…
In a response to an opinion piece on OVF, owner Norman Smurthwaite has replied to some of the questions raised.
Opinion: despite the Q&A, Port Vale’s finances don’t add up
Rob Fielding says that one conclusion that many fans will draw from the Q&A meeting with Norman Smurthwaite on Thursday is that the club’s finances just don’t seem to add up.
Problems on the pitch but the bigger picture is the ownership of Port Vale
OVF editor Rob Fielding says that while this has been a terrible week on the pitch, off-pitch matters such as the sale of the club should still remain the top priority
Opinion: Publishing Port Vale accounts would earn respect from fans
Columnist Malcolm Hirst thinks that publishing the club accounts would earn owner Norman Smurthwaite more respect from Vale fans.
Malcolm Hirst: replace the manager and sell Vale at a sensible price
Port Vale fan Malcolm Hirst has some forthright views on what actions owner Norman Smurthwaite should take.
Latest Port Vale accounts show that club owes £3m in director loans
The latest accounts filed for Port Vale FC show that the club owes £3m of directors’ loans to owner Norman Smurthwaite.
Smurthwaite has “final say” on “fair” offer to Enoch Andoh
Port Vale chairman Norman Smurthwaite says that Enoch Andoh has been offered a “fair and reasonable” offer has been made to Enoch Andoh.
Make no mistake – this is a huge summer gamble by Vale
It’s been a dramatic and controversial summer and it seems there is more to come… Rob Fielding offers his opinion on Vale’s off-season business.
Owner claims low budget was to engineer Page exit
In a somewhat unusual tweet, Norman Smurthwaite has suggested that the summer’s low budget was intended to persuade manager Rob Page and out-of-contract players to leave.
Smurthwaite: AJ agent wanted “six-fold salary increase”
Smurthwaite has confirmed to BBC Radio Stoke that the striker will be leaving the club.
Statement on potential US takeover expected this week
Port Vale chairman Norman Smurthwaite is expected to make a statement on how talks with a US consortium progressed.
Purkiss: Wage cuts comments are “unsettling”
Defender Ben Purkiss says players “are probably a little bit worried” after talk of potential wages cuts next season.
Rob Page criticises Smurthwaite’s “unwelcome statement” on budget cuts
Manager Rob Page has called Norman Smurthwaite’s comments on potential wage cuts an “unwelcome statement” after praising the Vale players for keeping their focus.
Sentinel: Potential buyers include American consortium
The Sentinel claims that an American consortium is among three “serious” contenders to purchase the club.
Cash turnstiles to be trialed by Vale
Port Vale will trial three cash turnstiles for the FA Cup game against Maidenhead United on Sunday.
Vale need their top eleven for the FA Cup
Rob Fielding thinks that Port Vale should name a full-strength side for Sunday’s game.
Budgets may be cut as accounts reveal £2.5m directors loan
Norman Smurthwaite has said he will not “continue to pump in the money that I am pumping in” after the club published its annual accounts.
Owner Q&A: No Cox role, close Page relationship, no funds for signings
Port Vale owner Norman Smurthwaite has been active on the OVF Forum recently, answering questions from a number of fans.
Smurthwaite: Vale Park flats will save club £40,000 per year
Port Vale owner Norman Smurthwaite says the building of up to five apartments in the corner of the Lorne Street and Hamil Road stands will save the club up to £40,000 in accommodation costs each year.
Owner looking to build Vale Park ‘apartments’
Port Vale Chairman Norman Smurthwaite has indicated that he is looking to build a block of apartments on the corner of the Vale Park stadium.
Smurthwaite “can’t keep throwing money” at Port Vale
Port Vale chairman Norman Smurthwaite has told the Sentinel newspaper that “the club has to find its own level” as he says he will stopping his personal investment.
Bradford Views: Clubs should follow our cheap football example
Bradford City fans acknowledge they’ve had a poor start but think their season ticket prices should be copied by other teams
Smurthwaite blasts ’embarrassing’ police intel (and OVF agrees)
Port Vale chairman Norman Smuthwaite has attacked the Police for “dictatorial and disproportionate actions” after the club’s game against Doncaster was deemed high risk.
Former Port Vale CEO Perry Deakin declared bankrupt
A notice in the Press Gazette appears to show that former Port Vale Chief Executive Perry Deakin has been declared bankrupt.
Rumour: Vale could make one more signing
Port Vale chairman Norman Smurthwaite has hinted for a second time that the club could still make one more signing.
Port Vale owner hints at another high-profile signing
Norman Smurthwaite tweets that his “sweets jar is being broken in the morning” as speculation of a new signing mounts.
Smurthwaite: I’ll fund Inniss deal but it’s no certainty
Owner Norman Smurthwaite has told OVF readers that he will personally fund all future summer deals and that the Ryan Inniss deal is “in question.”
