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: Peter Miller
Find features and stories related to Peter Miller on Port Vale website onevalefan.co.uk
About Peter Miller
When Peter Miller was ousted as chairman by fellow board members at the end of 2011 he had presided over one of the most controversial spells in the club’s history.
Miller and fellow board members Glenn Oliver, Perry Deakin 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…
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.
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 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.”
The Sentinel newspaper claims that former Chairman Peter Miller resigned over the weekend. The move leaves the board below the legal number required to operate the business and has prompted the remaining directors to hold an emergency meeting with the Supporters Club, who are seeking to remove them.
Local media BBC Radio Stoke and the Sentinel newspaper are reporting that former Chairman Peter Miller has resigned from the Port Vale board. Miller has been a hugely unpopular figure at Vale Park since he secured his directorship on nil-paid shares and promises of investment from Blue Sky.
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 […]
Director Mike Lloyd has controversially claimed that Peter Miller and Perry Deakin can use their nil-paid shares to vote at next month’s extraordinary general meeting. Miller and Deakin claimed that they had bought blocks of shares in the club worth £250,000 and £100,000 respectively when they sought election to the club’s board, but it later […]
The Sentinel newspaper reports that the discredited Port Vale FC board have failed to make January’s scheduled payment on the club’s £2.5m loan from Stoke-on-Trent city council. The club missed a deadline of January 31st to make the payment of just under £20,000, while December’s payment was met on the 30th January, almost a month […]
In his latest column, OVF founder Rob Fielding comments that “supporters seeking change should be wary of the boardroom silence.” To find out why he is urging caution, read the rest of his latest “One Vale View” column.
In his latest column, OVF founder Rob Fielding ponders whether, in light of the email sent to Hank Julichier demanding payment for shares, the club’s solicitors need to be sending letters to two prominent club officials who have yet to prove proof of payment for their significant shareholdings. Port Vale CEO Perry Deakin was labelled […]
In his latest column, OVF founder Rob Fielding says that the forthcoming removal of Perry Deakin and Peter Miller from the CEO and Chairman roles, while welcome, do not represent closure for the vast majority of Port Vale supporters. Fielding says that fans will only be happy when the entire board has been removed from […]
OVF founder Rob Fielding says in his latest column, that while he’s delighted at the Sentinel’s investigations into Port Vale FC, the local radio station is lagging behind. According to Rob, Radio Stoke is “an organisation which is meant to provide value for its licence payers, but which seemingly cannot or will not ask the […]
In his latest “One Vale View” column, Rob Fielding writes that an OVF poll showing over 95% of fans have no faith in the current board is a “damning assessment of the current board. Fielding argues that “it looks like another huge wedge has been driven between the board and fans” and that “the board […]
In his latest “One Vale View” column, Rob Fielding argues that the club need to stop hiding behind their “no comment” statement on the Blue Sky International (BSI) investment and face the fans’ questions. Fielding argues that it’s in the club’s best interests to face the fans at Thursday’s Supporters Club meeting, but he won’t […]