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: Port Vale nil-paid shares
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The Port Vale nil-paid shares controversy is one of the blackest moments in the long history of the club. It concerns Perry Deakin and Peter Miller who were both elected to the Port Vale board despite never paying for their shares in the club.
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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…
A notice in the Press Gazette appears to show that former Port Vale Chief Executive Perry Deakin has been declared bankrupt.
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.
Hugely controversial former Port Vale CEO Perry Deakin is working as a “consultant” for Bury FC according to a statement by the club. The statement from Bury FC says “the board would like to make it very clear that Mr Perry Deakin is not a shareholder or director but has been contracted as a commercial […]
Controversial former Port Vale chief executive Perry Deakin has been named as a franchisee for the Chicago Rock bar chain.
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 FC’s administrators have confirmed that CEO Perry Deakin was one of four members of staff to be made redundant on Thursday. The club revealed at the turn of the year that Deakin had quit as the club’s £70,000-a-year CEO and was serving his notice.
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.
Mike Lloyd has become the first Port Vale board member to talk to the press following the news that the club is set for administration. In an interview with BBC Radio Stoke’s John Acres, Lloyd says he is “desperately sorry about the club’s financial position” but unsurprisingly adds that “I don’t think the current situation […]
The Staffordshire Sentinel are reporting that HMRC issued a winding-up petition against the club on Wednesday lunchtime. The club are currently subject of a transfer embargo due to a unpaid tax bill and have not paid this month’s staff wages.
Influential Port Vale columnist Martin Tideswell says “The smart money is on us not even making it to an AGM/EGM. It won’t be held in the Robbie Williams suite, that’s for sure.” He adds: “Meanwhile, Messrs Lloyd and Deakin – finally realising the game is up – have held talks with the Supporters’ Club’s solicitor. […]
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 Supporters Club have issued a statement following Tuesday’s open meeting. Chairman Pete Williams also reassures all fans that: “irrespective of what happens in the coming weeks, the Supporters’ Club is committed to removing Messrs Lloyd, Deakin, Oliver and Miller.”