Port Vale – the administration months
Here (sadly) is our comprehensive day-by-day guide to the twists and turns of the club’s spell in administration during 2012
Stoke-on-Trent city council
Report: Council will meet to raise ‘serious questions’ about Vale’s administrators?
An anonymous source at Stoke-on-Trent city council has reportedly told citizen journalism blog Potteries Eye that the council are set to meet to raise “serious questions” about the way in which Port Vale FC has been administered.
Council 'disappointed' at Vale Park delay
Stoke-on-Trent city council have told the Sentinel newspaper that they are “disappointed” at delays to the club’s takeover after the council revealed that the bill for the club’s spell in administration is likely to top the £1m mark.
Vale takeover nears completion after council agreement
The Sentinel newspaper claims that Keith Ryder’s takeover of Port Vale FC moved another step closer after the potential owner and the city council reached agreement over the so-called “Vale Park covenant” According to the newspaper, the delay in Ryder’s takeover was due to a dispute over the wording of an agreement regarding what future commercial development […]
Port Vale deal still on course to be completed
Keith Ryder, administrators Begsbie Traynor and Stoke-on-Trent city council have moved to reassure Port Vale fans that Ryder’s takeover of the club remains on course to be completed by the end of the month.
Those in power have "done nothing" to help Vale
Vale columnist Martin Tideswell is highly critical of the response of footballing authorities, the local MP and the city council to Vale’s current situation. He feels that these organisations could all intervene to help but they “have all been told what is going on and done nothing. They fiddle and talk in platitudes while Vale […]
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.