Port Vale’s administrators say that the club is unlikely to be able to make loan signings despite the impending loss of defender Lee Collins. Administrator Bob Young has asked the Football League whether Vale can make loan signings, but has been told the request would only be considered if the number of senior players on […]
Tag: Port Vale administration
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Port Vale administration has occurred twice during the club’s long history and the OVF website has chronicled events as the club fought for survival.
onevalefan.co.uk is an independent Port Vale FC website which was founded in 1996.
Port Vale have announced that the club is “in negotiations” with Championship side Barnsley over a loan deal for defender Lee Collins. Collins is out of contract in the summer and the loan move to Barnsley will probably see the defender move to Oakwell in the summer.
In a press conference, Port Vale administrators have told the media that two companies have already expressed an interest in buying Port Vale – Stoke-based International Piping Products (IPP Group) and another unnamed company. Meanwhile, local businessman Mo Chaudry is expected to express an interest in the next few days.
The administrators running Port Vale have confirmed that manager Micky Adams and first-team coaches Mark Grew and Geoff Horsfield will remain at the club. Administrator Bob Young told the Sentinel: “After having a chat with Micky I assured him Mark and Geoff are safe.
Port Vale manager Micky Adams has moved to reassure fans that he is not seeking to engineer a move away from the club. Adams’ post-match remarks caused media speculation that the manager was upset with the administration of the club after he told reporters that: “I’m taking legal advice, and we’ll see where we go […]
Port Vale’s move into administration has been confirmed after the club’s hearing at High Court in Birmingham concluded on Friday lunchtime. The news means that the Port Vale board are no longer in control of the club as the administrators take over. Meanwhile, the club will be deducted ten points by the Football League.
Defender Gareth Owen has heaped praise on Port Vale supporters after an emotional home game against Burton Albion. Owen told the Sentinel: “It was a tremendous atmosphere and just shows how great the Port Vale supporters are. In adversity, they were there to rally round.
Stoke-on-Trent city council have justified their decision to help Port Vale FC into administration. Council leader Mohammed Pervez said that not acting could have “meant the immediate end to Port Vale FC and 130 years of history.” The council were also at pains to reiterate that the club’s future is still far from certain, but […]
Louis Dodds scored twice as Micky Adam’s side lifted the gloom around Vale Park with a deserved 3-0 win over Burton Albion. Micky Adams made two changes to his starting eleven with Lee Collins replacing Clayton McDonald and Marc Richards replacing Tom Pope. Kingsley James came onto the bench as Vale were able to name […]
Port Vale FC have released a statement that confirms the club have applied to enter administration for the second time in their history. The club have asked for Bob Young, Steve Currie and Gerald Krasner of Begsbie Traynor to be the joint-administrators of the club.
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.
A meeting of the Port Vale Supporters Club on Sunday saw the group launch a hardship fund to help Port Vale’s fight for survival. Chairman Pete Williams said: “The fund is to help the club with any running costs they may need, such as travel expenses, or for employees who need immediate financial assistance.
Legenday former Port Vale manager John Rudge has added expressed his sorrow as the Valiants prepare to enter administration. Several former Port Vale players have already used Twitter to show their support to players and fans and to express their concern over the current financial crisis at the club.
The Sentinel newspaper reports that local millionaire Mo Chaudry would be ready to take over Port Vale FC – if the price was right. Chaudry told the newspaper: “I didn’t expect things to materialise at Port Vale so quickly, but now they have I feel I have a duty to see if the right deal […]