Meigh reveals board approach
Former Director Stan Meigh has revealed that the board have approached him to ask if he would consider investing more money in the Valiants.
Port Vale board
Find all stories and articles which have been tagged with Port Vale board on onevalefan.co.uk
There have been a number of Port Vale boards over the years and our extensive article archive covers stories concern boardroom affairs at Vale Park.
onevalefan.co.uk is an independent Port Vale FC website which was founded in 1996.
Vale loan broke terms of council agreement
Port Vale’s £277,000 mortgage on Vale Park broke the terms of their agreement with the city council, the Sentinel has disclosed. The revelation means that had the club been forced to repay their £2.25 million loan agreement with Stoke-on-Trent council then the entire future of the club could well have been in severe doubt.
Disgruntled fan produces anti-board website
An anonymous Port Vale fan has produced a new Port Vale website www.getoutofportvale.co.uk
Rumourmill: Vale seek new chairman
Rumours reaching OVF Towers suggest that the board are desperately trying to bring a new majority shareholder/chairman onboard.
Board show utter contempt to fans
Port Vale columnist Martin Tideswell says that the “men responsible for the current financial meltdown batten down the hatches and show utter contempt for the will of the people they are supposed to serve” and it is “little more than a cynical attempt by the Chief Executive and his fellow directors to paint Vale fans […]
No share payment and no personal guarantees?
Documents disclosed to OVF appear to confirm fears that Directors Peter Miller and Perry Deakin may not have signed personal guarantees when they joined the Port Vale boardroom. Miller and Deakin caused a storm when it was revealed that, despite club statements to the contrary, they had not paid for their shares when they sought […]
97% of Vale fans want an EGM
Almost 97% of over 2,000 Vale fans polled during Monday’s Port Vale versus Cheltenham Town game have backed the Supporters’ Club call for an EGM. The group polled 2,147 fans at the Cheltenham clash, with 2,074 – or 96.6 per cent – of them supporting the action.
Lloyd: there is no money to spend
Mike Lloyd has confirmed that Micky Adams was right when the manager claimed that the club has no funds for January transfers. After the Cheltenham defeat, Adams told the press that the board has stopped player recruitment, despite Adams previously being given assurances that he would be handed vital transfer funds by then Chairman Peter […]
Adams: board have broken transfer promises
Manager Micky Adams has launched an attack on the Port Vale board, accusing them of breaking their promises on January signings.
Lloyd: I didn’t know about loan but I won’t step down
Interim Chairman Mike Lloyd his position on the Port Vale board is “tenable” despite admitting he didn’t know about the club’s £277,000 loan recently and controversially secured on the Vale Park stadium.
Miller’s chairmanship draws to a close
Port Vale FC have issued a statement which says that Peter Miller’s chairmanship of the club will come to an end in a matter of days. The statement says that Miller’s brief was to secure new investment and was subject to a review.
Deakin: ‘insignificant’ loan keeping club afloat
Outgoing CEO Perry Deakin has contradicted previous statements from then-Chairman Mike Lloyd and claimed that the £300,000 mortgage on the ground is needed to keep the cash-strapped club afloat. Deakin told the Sentinel newspaper: “The loan is worth £277,000 and the money will be used to pay for the day-to-day running of the club from […]
Fresh scandal as Vale Park is re-mortgaged
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.
Vale CEO Perry Deakin resigns
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.
Sentinel: Duo broke investment rules
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 […]
Where are our Chairman and CEO?
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 […]
Statement: North London Valiants reject place on board
Influential fans group North London Valiants have rejected the offer of a place on the Port Vale board calling the offer “disingenuous”.
Micky Adams set to join Port Vale board
Port Vale manager Micky Adams has controversially announced his intention to become a director of the League Two club – and says it is to enable him to bring in new players.
Shareholders have no confidence in Port Vale board as two directors depart
In a stormy EGM, Port Vale shareholders have cast a vote of no confidence in the current board and voted out two directors.
US consortium slam unprofessional board
A group of potential investors from the USA have criticised the Port Vale board. A spokesperson told the Sentinel newspaper: “The deal is completely dead because the directors don’t want to sell the club. “They’re quite happy enjoying the accolades of being chairman or directors, but do they want to sell the club or not? […]
More protests planned for Accrington game
Further supporter protests are planned ahead of the Accrington Stanley match as Vale fans continue to vent their fury at Dean Glover and the Vale board. The game against Luton was marked by two protests and details of the Accrington protest can be found on the OVF forum.
Joesbury hits out at boardroom interference
In an exclusive interview on Lauren Watson’s Port Vale blog, Lee Sinnott’s advisor Steve Joesbury has hit out at boardroom interference in the former Vale manager’s transfer dealings. Watson’s blog reveals that Joesbury claims that director Peter Jackson told Sinnott and his advisor: “Any players that are signed have got to go through these guys […]
Port Vale AGM Passes 24.9% Proposal
A busy night at the Port Vale FC AGM saw the board continually praised by shareholders as the ruling that no-one should own more than 24.9% of the shares in the club was overwhelmingly passed.
Club says it has reached its break-even target
A press release on the official Port Vale website reports that the Valiants are now trading close to a break-even figure following the board’s work to stabilise the club’s finances.
Jackson and Meigh Voted In, Wakefield and Machin Voted Out
“We now have a solid foundation on which to build for the future and achieve our aim in progressing Port Vale both on and off the field…”
Machin and Wakefield Asked to Resign
According to reports on BBC Radio Stoke, ten of the club’s largest shareholders have sent letters to Vice Chairman Charles Machin and director Geoff Wakefield asking them to resign their positions on the board.