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.
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.
The official Port Vale Supporters Club have criticised the “misleading” financial information which has come from the club’s board and are concerned that fans are again being “misled” The group have issued a statement on Wednesday 28th December which reads as follows.
Port Vale Online have revealed that Perry Deakin and Peter Miller have REMORTGAGED Vale Park to try and raise money to pay for their shares. The mortgage was lodged with Companies House on Christmas Eve and was for £300,000.
Port Vale have announced that of Chief Executive Perry Deakin has resigned and is “working his notice period.” This news will come as a surprise to Vale fans reading Friday’s Sentinel in which Deakin criticised an unknown club official for “bad advice” but indicated he would not resign.
The Sentinel claims that a document shows that BSI were to pay for the shareholdings of Perry Deakin and Peter Miller – in what appears to be a clear breach of the club shareholding rules. A document obtained by The Sentinel reveals that the US company was to fund the purchase of shares worth £500,000 […]
Port Vale fans, eager to know how the club’s CEO and Chairman are earning their large salaries, may be bemused to hear that both Perry Deakin and Peter Miller will be missing from the club until the New Year. Gary Benson, membership secretary of the Supporters Club, emailed the club about their availability and received […]
CEO Perry Deakin says he will buy £100,000 worth of Port Vale shares as he bids to become a Port Vale director. The chief executive has pledged to purchase 20,000 shares and if he elected he will replace ex-chairman Bill Bratt, who, along with fellow director Glenn Oliver, are both standing down following fans protests.