Club statement on Alchemy takeover
Alchemy takeover: Port Vale FC have issued the following statement to confirm that Paul Wildes’ Alchemy Investment group have taken over the club.
Alchemy takeover: Port Vale FC have issued the following statement to confirm that Paul Wildes’ Alchemy Investment group have taken over the club.
Norman Smurthwaite, who along with Paul Wildes is the preferred bidder to take over the club, has told the Sentinel that he expects to complete the takeover of Port Vale ahead of the game with Bristol Rovers.
The Port Vale Supporters Club says that the club’s administrators and preferred bidder Paul Wildes have set a date of the 20th November to complete Wildes’ takeover of the club.
In a press release sent to OVF, preferred bidder Paul Wildes has indicated that he expects his takeover of the club to be completed by the 18th November at the latest.
Businessman Mike Newton has announced his departure from the Oldham Athletic boardroom, but the 42 year-old says the move is not due to any interest in taking out Port Vale FC.
The Port Vale Supporters Club claim that potential owner Keith Ryder has still not completed his deal despite Ryder asking for the deadline to be extended until Wednesday.
The Sentinel reports that Vale’s long awaited takeover could suffer yet more delays after the Football League would not commit to ratifying Keith Ryder’s takeover of the club this week.
Keith Ryder’s proposed takeover of Port Vale looks set to drag onto into next week and possibly beyond after the Football League claimed that they were “still waiting for a response” to their request for more information about the preferred bidder’s business plans for the club.
Port Vale FC have said that American company Blue Sky International will invest £5m into the club over the next 12 months. Vale also said the sports construction firm are expected to commit a further £2.5m over the next five years. The funds will be spent on the running of the club, Vale Park, a training area […]
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.
onevalefan has made efforts to make contact with two of the three potential investors in Port Vale FC but so far they have failed to get back to our communications.
In an exclusive interview with onevalefan, Chairman Bill Bratt has confirmed that any potential new stadium built by the new investors would not be owned by the club.