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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.
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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 […]
On a grim Monday for Port Vale fans, OVF founder Rob Fielding repeats his plea for the board to move aside now, before it’s too late.
The Sentinel newspaper has reported what many fans fear – that Port Vale FC could be on the brink of administration.