Vale waiting for approval

Port Vale are still waiting for the Football League to rubber-stamp Keith Ryder's takeover of the League Two club.

Last Updated: 06/07/12 at 22:19

Vale: Ryder deal not yet approved

Vale: Ryder deal not yet approved

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Lancashire businessman Ryder and administrators Begbies-Traynor last week completed all the necessary paperwork for the sale of the club.

But the footballing authorities are yet to confirm the deal.

A club statement on Friday read: "In accordance with Football League Regulation 94.1 - Publication of ownership.

"Port Vale F.C. Ltd is owned 100% by Mr. Keith Ryder."

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