Vale’s playing budget to be reduced?
In a move that could have repercussions for 14 out of contract players and manager Micky Adams, it’s been claimed that Vale’s playing budget will be much reduced next season.
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.
onevalefan.co.uk is an independent Port Vale FC website which was founded in 1996.
Police cut bill in half after Vale protest
Staffordshire police have cut the bill for the policing of the game against Wolves by almost 50% after Chairman Norman Smurthwaite challenged the amount charged.
Owner: I’m not selling and club has no debt
Port Vale FC have responded to the recent reports of a “cash crisis” at the club with an official club statement from owner Norman Smurthwaite.
Time to clear the air on ‘cash crisis’
Rob Fielding says that regardless of the truth of the “cash crisis” article in the Sunday People, the club needs to clear the air with its supporters.
Sunday People alleges Vale ‘cash crisis’
The Sunday People newspaper has claimed that there is a fresh “cash crisis” at Port Vale FC due to a “severe lack of funds at the club.”
Smurthwaite: Vale cost me £1m this season
Club owner Norman Smurthwaite has tweeted that he will have personally paid out £1m to the football club this season.
Adams bemoans playing budget
Micky Adams has told the Sentinel that Vale “haven’t got a massive squad” and he disputes the fact that the Vale development squad’s wages are included in the club’s submission in accordance with the Football League Fair Play rules .
Smurthwaite to re-assess playing budget
Norman Smurthwaite has told the Sentinel that he will “make sure there’s enough depth in our squad for next season” as he considers the possibility of increasing Micky Adams’ transfer funds.
Smurthwaite promises debt-free Vale
Sole owner Norman Smurthwaite delivered an upbeat message to a Fans Forum saying that “I want to rekindle the Bill Bell days.”
Adams had half the budget of Allen and Evans
Chairman Paul Wildes has praised Micky Adams’ “magnificent accomplishment” and claimed that Vale’s struggles at the start of the season meant that the Vale boss had half the transfer budget of the other promoted sides.
Smurthwaite: We need more fans to turn up
Port Vale co-owner Norman Smurthwaite has told the Sentinel that Port Vale’s crowds will need to improve considerably if the club are to climb up the league.
Port Vale owners outline ambitious plans
Port Vale’s new owners Paul Wildes and Norman Smurthwaite received a standing ovation after a fans forum in which they announced a string of new initiatives.
Port Vale FC – the 2012 administration months
Here (sadly) is our comprehensive day-by-day guide to the twists and turns of the club’s spell in administration during 2012
Vale paid out just £2,500 in agent fees
The annual Football League report into agent fees shows that only five League Two clubs paid less money to agents than the Valiants.
Vale: coaching staff’s roles are safe
The administrators running Port Vale have confirmed that manager Micky Adams and first-team coaches Mark Grew and Geoff Horsfield will remain at the club. Administrator Bob Young told the Sentinel: “After having a chat with Micky I assured him Mark and Geoff are safe.
Adams: I am here to stay
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 […]
Port Vale administration is confirmed
Port Vale administration confirmed: the inevitable has been confirmed after the club’s hearing at High Court in Birmingham concluded on Friday lunchtime.
Starve ‘Em Out becomes Feed ‘Em Up
The Starve ‘Em Out campaign has announced it has run its course and has been replaced by a new Feed ‘Em Up campaign.
Council: We’ve opened a window of opportunity
Stoke-on-Trent city council have justified their decision to help Port Vale FC into administration. Council leader Mohammed Pervez said that not acting could have “meant the immediate end to Port Vale FC and 130 years of history.” The council were also at pains to reiterate that the club’s future is still far from certain, but […]
Adams praises ‘terrific’ supporters
Manager Micky Adams has heaped praise on Port Vale supporters and players for their response to the news that the club were set to enter administration. Adams told the Sentinel: “The supporters were terrific and really got behind us.
Port Vale enter administration
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.
Deakin: Board made mistakes over nil-paid shares
Port Vale CEO Perry Deakin has told the Sentinel that the board got “carried away” with the Blue Sky deal, that he “was never going to own” his £100,000 share allocation and that the exposure of the nil-paid shares fiasco was “awful.”
Richards denies exit rumours
Captain Marc Richards has moved to deny claims that he is set to leave crisis club Port Vale. With the club set to enter administration and players and staff not paid, Vale players such as top scorer Richards have been linked with moves elsewhere.
Deakin: It’s Bratt’s fault (but I made mistakes too)
Following Director Mike Lloyd’s claim that the board were only partially to blame for the club’s finances and that fans’ protests and historic debt also contributed, CEO Perry Deakin has now claimed that former Chairman Bill Bratt is also to blame.
Supporters Club launch hardship fund
A meeting of the Port Vale Supporters Club on Sunday saw the group launch a hardship fund to help Port Vale’s fight for survival. Chairman Pete Williams said: “The fund is to help the club with any running costs they may need, such as travel expenses, or for employees who need immediate financial assistance.
Lloyd: I am sorry, but it’s not the board’s fault
Mike Lloyd has become the first Port Vale board member to talk to the press following the news that the club is set for administration. In an interview with BBC Radio Stoke’s John Acres, Lloyd says he is “desperately sorry about the club’s financial position” but unsurprisingly adds that “I don’t think the current situation […]