Young: new bidders 'negotiating seriously'
Administrator Bob Young has told the Sentinel that he has met with two alternative bidders who have been “negotiating seriously” with the club about becoming Vale’s new owner.
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Administrator Bob Young has told the Sentinel that he has met with two alternative bidders who have been “negotiating seriously” with the club about becoming Vale’s new owner.
Potential Port Vale owner Keith Ryder has told the official Port Vale website that he is looking forward to completing his deal for the club, following the news that creditors have approved the Company Voluntary Agreement proposed by administrators Begbies-Traynor.
A press conference at Vale Park has announced that Lancashire businessman Keith Ryder is the administrators’ preferred bidder. Ryder was chosen ahead of other candidates including local businessman Mo Chaudry by the club’s administrations Begsbie-Traynor.
Port Vale administrator Gerald Krasner has told the Sentinel newspaper that two bids are in contention for preferred bidder status.
Interested bidders in Port Vale football club have until 12 noon on Monday to submit their formal offer to the club’s administrators.
Potential Port Vale bidder Mo Chaudry has sparked a debate by criticising a “lack of transparency” from other bidders for the football club.
Administrator Bob Young has told an open fans meeting that three bids have been formally made to take over Port Vale FC. Young, along with fellow joint-administrator Gerald Krasner, answered questions from an audience of around 350 supporters at an open fans’ meeting held at Vale Park on Wednesday night.
You can listen again to an exclusive interview with Port Vale administrator Bob Young in 6 Towns Radio. In the interview Young reveals that five bidders remain in the frame to be the club’s preferred bidders.
Administrator Bob Young has said that two new parties have expressed interest in buying Port Vale FC. This takes the number of interested parties to six. The new bidders have asked for their identities to be kept confidential at present.
The Sentinel claims that Port Vale players are “not happy” about “being touted to rival clubs” by an agent employed by the club’s administrators. According to the newspaper, Ben Mansford, of the Wasserman Media Group, has been instructed to learn whether there is interest in members of Micky Adams’s squad.
Influential Port Vale columnist Martin Tideswell has echoed the views of OVF’s Rob Fielding in urging fans to weigh up the merits of all the bids that have been submitted for Port Vale FC.
The Evening Sentinel is reporting that supporter groups have backed Chairman Bill Bratt’s decision to turn down two approaches for Port Vale that would have put the club’s “future in danger”
Port Vale have revealed that Italian soccer agent Gianni Paladini and his advisors dramatically moved the goalposts at the eleventh hour during their bid to take control of the club.
A last-minute bidder has entered the race to become the next owner of the football club reports BBC Radio Stoke.
Port Vale FC’s board have set a deadline of the 12th December for potential bidders to make an offer for a controlling stake in the football club.