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.
As the Sentinel reports that money may never be recovered from Peter Miller and Perry Deakin at least we can remind the online world what they did while at Vale Park…
A notice in the Press Gazette appears to show that former Port Vale Chief Executive Perry Deakin has been declared bankrupt.
Begbies-Traynor, formally the club’s administrators, have been appointed liquidators after the Valiant 2001 company was wound-up and have pledged to seek to obtain payment from former directors over the nil-paid shares controversy.
Hugely controversial former Port Vale CEO Perry Deakin is working as a “consultant” for Bury FC according to a statement by the club. The statement from Bury FC says “the board would like to make it very clear that Mr Perry Deakin is not a shareholder or director but has been contracted as a commercial […]
Controversial former Port Vale chief executive Perry Deakin has been named as a franchisee for the Chicago Rock bar chain.
Radio Stoke’s Matt Sandoz claims that Port Vale’s administrators could be taking legal action against members of the club’s discredited former board over the “nil-paid” shares fiasco.
Port Vale FC’s administrators have confirmed that CEO Perry Deakin was one of four members of staff to be made redundant on Thursday. The club revealed at the turn of the year that Deakin had quit as the club’s £70,000-a-year CEO and was serving his notice.
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.”
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.
Influential Port Vale columnist Martin Tideswell says “The smart money is on us not even making it to an AGM/EGM. It won’t be held in the Robbie Williams suite, that’s for sure.” He adds: “Meanwhile, Messrs Lloyd and Deakin – finally realising the game is up – have held talks with the Supporters’ Club’s solicitor. […]
The Chairman of the Port Vale Supporters Club has hit out at the board’s plans to allow owners of nil-paid shares to vote in shareholder meetings. Chairman Pete Williams told the Sentinel newspaper: “I don’t feel that morally the club should use them. This would just create more bad feeling between the board and the […]