Club statement: Sale negotiations called off
Port Vale have issued a statement confirming that the potential sale to a bidder has been called off.
Find features and stories related to Norman Smurthwaite on Port Vale website onevalefan.co.uk
The English businessman became owner of Port Vale Football Club in November 2012. He qualified as an engineer and built a successful business career and property portfolio before retiring at the age of 50.
He was part of the investment group, led by Paul Wildes, that took Port Vale out of administration in November 2012.
Following Wildes’ departure, he took over as chairman of Port Vale in 2013. He resigned as chairman following relegation back to League Two in 2016–17 before returning to the role in 2018.
Port Vale have issued a statement confirming that the potential sale to a bidder has been called off.
Port Vale FC have issued a statement to inform fans that a potential buyer’s exclusivity period has been extended.
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Port Vale owner Norman Smurthwaite has been active on the OVF Forum recently, answering questions from a number of fans.