Port Vale takeover completed

Port Vale have come out of administration after Paul Wildes' takeover of the League Two club was finalised.

Last Updated: 20/11/12 at 20:37 Post Comment

Latest Articles

Transfer news: Celtic boss Ronny Deila is desperate to keep Fraser Forster at the club

Post comment

Ronny Deila stressed his desire to keep Fraser Forster at Celtic following the 4-0 victory over KR Reykjavik.

Woodward: United can sign big

Post comment

Executive vice-chairman Ed Woodward insists Manchester United are ready and willing to break the British transfer record.

All Articles

Port Vale: No longer in administration

Port Vale: No longer in administration

Wildes, supported his business partner Norman Smurthwaite, had a bid of £1.25 million bid approved by the club's administrators Begbies Traynor.

The deal, which has also been approved by the Football League, sees the Valiants come out of administration, eight months after entering in March.

Wildes, who was named as the preferred bidder last month after Keith Ryder's summer-long bid came to nothing, told the club website: "I would like to thank the Port Vale supporters, once again, for their ongoing patience and support.

"It has been a long process but we are delighted to have finally taken over the club and look forward to a long and successful association.

"As I have previously stated, our intention is to develop the club both on and off the field.

"On the pitch we're continuing to support manager Micky Adams and the squad as they push for promotion. Off the pitch we have made some key appointments to ensure the immediate and ongoing success of the club."

Wildes will become club chairman whilst Smurthwaite will be chief executive, with Mike Aspinall taking up the role of operations director.

Financial director Robin Anderson will take responsibility for finance and IT departments and the club is also planning to appoint a commercial director.


Click here for completely free £10 bet with Sky Bet & £5 free every week


Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Footer 365

Premier League: Brendan Rodgers insists Liverpool will move on without Luis Suarez

Liverpool manager Brendan Rodgers insists there is no bad blood between the club and the outgoing Luis Suarez.

Transfer news: Liverpool appear to be close to completing a deal for Loic Remy

Liverpool are closing in on the signing of Loic Remy with the French forward reportedly having his medical in Boston.

Executive vice chairman Ed Woodward says Manchester United are still global giant

Manchester United executive vice chairman Ed Woodward insists the club are still the biggest in the world.

Mail Box

Anyone But Rooney. Or Baines. Or Hart.

There isn't a great deal of excitement in the Mailbox regarding England's potential new captain, but we have good stuff on Gerrard's development and a one club man team...

Goodbye Patrice And Farewell Steven...

Man United fans say a fond farewell to Patrice Evra in the mailbox while there are also thoughts on Steven Gerrard's retirement from England duty. Plus, some rare cricket bantz...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property