In their latest update to shareholders, administrators of the former Port Vale regime, Begsbie Traynor, say they are approaching new solicitors to discuss action against Perry Deakin and Peter Miller.
Tag: Perry Deakin
Find features and stories related to Perry Deakin on Port Vale website onevalefan.co.uk. Perry is connected with the “nil-paid shares” controversy and to date has not paid for his shares in Port Vale FC.
About Perry Deakin
Perry Deakin resigned from his post as Port Vale CEO on Christmas Eve 2011 after one of the most controversial spells in the club’s history.
Deakin and fellow board members Glenn Oliver, Peter Miller and Mike Lloyd led the football club into administration after a number of controversial decisions notably Deakin and Miller’s ascent to the board despite not paying for their shares (the so-called “nil-paid shares” affair), failed financial link-ups with two US companies Ameriturf and Blue Sky International, a secret remortgaging of Vale Park which broke the terms of the club’s loan agreement with Stoke-on-Trent council and being sued by former club sponsors Harlequin Properties.
On 9th March 2012, the club entered administration for the second tie in its history after HMRC issued a winding-up petition.
To date, Deakin and Miller have failed to pay for any of the shares they “purchased” in Port Vale football club.