The saviour of the Vale!

valefan16

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Where you not owned by “fans” before?
And you ousted them?

V2001 was a fans group with shares for the ordinary fan to buy and rules in place such as no one could own more the 24.9%...

All good for a while but investment was never really there and as time went on certain board members stayed on and on and people came in, CEO and an American chairman... these had “shares” which it later turned out they never actually paid for. So outsiders coming in.

Robbie Williams was restricted when wanting to invest to only 24.9% ie 249k

A deal was done with an American company to invest £8 million and a pre season to the states took place... only the owner of said American company said it was never agreed and never happened...

Rejected bids from local businessmen to buy the club to progress...

That’s a long and short of it... in the end Micky Adams had to buy shares to keep the club running or something and legal action last I heard was still ongoing against Deakin and Miller but not sure if that’s still being pursued..

Carol Shannahan on the other hand is an actually business woman along with her husband Kevin... they’ve built up and extremely successful data firm, they are huge community people helping various schemes and also run the Port Vale community side of things, believe she is behind the nursery at Vale Park being open so kids can go there whilst parents are at the game.

Shes also to be the outright owner and likely be able to command further investment.

It’s literally nothing like V2001 for example.
 

valefan16

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Wooderson

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So we've heard, makes sense for him being fairly local to Nottingham.

Some fans on our forum are saying he was there Friday, although at MK yesterday, unlikely he will get it though by the looks of it? I assumed he would go for full ownership of Nuneaton tbf.

Hope not! Some alleged South African consortium seem intent on buying us regardless of division for some reason. But even if that fell through I think any move involving Smurf would face serious protests. This is Notts tho, so never say never.
 

valefan16

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So just a few hours to see if the rumours are true, expected announcement suggested after 11 tomorrow, Vale advising the website will be down so follow social media as all the EFL sites are to be down and B&G group just tweeted a countdown symbol....
 

valefan16

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let's hope so. Im not sure I could face a 4th consecutive relegation battle.

Exciting times hopefully. Vale self sufficient with good business acumen and no money leaving the club.

No excuse not to be competitive then.
 

valefan16

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Companies House now show Port Vale F.C. owned by Carol Shannahan!

Bye Bye Norman! We've got our club back!
 

valefan16

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Now Official!

Now lets get behind this club and get out the mess we've been in and get it back where it should be!
 

valefan16

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fantastic news. Onwards and upwards!

Was people suggesting there were problems etc but thankfully just Wums!

We've done well.. only took six weeks of protesting and about three home games to get him to sell it!
 

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Congratulations Vale! Onwards and upwards for you hopefully.

However the news has prompted mass panic at our place that it has opened the door for Smurthwaite to take over at ML! :surr:
 

valefan16

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Congratulations Vale! Onwards and upwards for you hopefully.

However the news has prompted mass panic at our place that it has opened the door for Smurthwaite to take over at ML! :surr:

Dont do it!

As for us, its huge, literally threatened by Smurf with administration. The ground is now back as one with the club and all money taken in transfers, sales, functions etc will be put back into the club so allowing us to invest in the squad and allowing the manager to actually sign the players!

It had to change and we've been lucky in how easily he was removed in the end compared to some clubs struggles over years. If it didn't change we would of eventually gone down to Non League the way it was going.

Its been three years of hell supporting this club but hopefully that hell is now over.
 

jbet

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Such a feeling of relief. I'd resigned myself to never getting rid of that man.

What a horrible two years. Celebrating goals but having a hollow feeling that it didn't ultimately matter because the club was only going in one direction under the previous owner.

Notts fans, do not let this man near your club. We got lucky, Nuneaton didn't. He is a pathological liar and a horrible person. Nobody in the world of ootball will deal with him hence the dodgy agents and deals.
 
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Buxton Vale

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Congratulations Vale! Onwards and upwards for you hopefully.

However the news has prompted mass panic at our place that it has opened the door for Smurthwaite to take over at ML! :surr:
I wouldnt wish that on anyone. Hopefully, you have other options to begin your climb back to the EFL.
 

JJ1532

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Smurfwaite will try and invest in the playing side of Nuneaton is my bet. He already owns the ground and whilst they've had a takeover from a local businessman, I doubt he would turn down more money or a share of the burden.

As for the Vale, what are the Shanahan's and their company worth? Do they have the finances to sustain the kind of losses running a football team incur? That would be my biggest concern. I think they would also be wise to appoint a chief executive or director of football to look after the on the pitch aspect of the club. Don't try and manage that side of things when they probably have no experience etc.

Best of luck to them. Be interesting to see what sort of mess they've inherited from Smurfwaite and how they get on.

Oh and jbet, please don't make unsubstantiated accusations without evidence to back them up. Websites and individuals have been sued for less. Call him horrible, call him a liar, that is fair. But unless you have proof that he has committed criminal activity, don't level that accusation against him.
 

Buxton Vale

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Such a feeling of relief. I'd resigned myself to never getting rid of that man.

What a horrible two years. Celebrating goals but having a hollow feeling that it didn't ultimately matter because the club was only going in one direction under the previous owner.

Notts fans, do not let this man near your club. We got lucky, Nuneaton didn't. He is an alleged pathological liar and an alleged horrible person. Allegedly nobody in the world of football will deal with him hence the alleged dodgy agents and deals.
FTFY :thumbs:
 

valefan16

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Smurfwaite will try and invest in the playing side of Nuneaton is my bet. He already owns the ground and whilst they've had a takeover from a local businessman, I doubt he would turn down more money or a share of the burden.

As for the Vale, what are the Shanahan's and their company worth? Do they have the finances to sustain the kind of losses running a football team incur? That would be my biggest concern. I think they would also be wise to appoint a chief executive or director of football to look after the on the pitch aspect of the club. Don't try and manage that side of things when they probably have no experience etc.

Best of luck to them. Be interesting to see what sort of mess they've inherited from Smurfwaite and how they get on.

Oh and jbet, please don't make unsubstantiated accusations without evidence to back them up. Websites and individuals have been sued for less. Call him horrible, call him a liar, that is fair. But unless you have proof that he has committed criminal activity, don't level that accusation against him.

We would of made money... the books show profits so is sustainable if the money from off field goes into on field activities. They are very successful business people with Synectics so imagine they will run it that way. We have a CEO Currently in Colin Garlick who handled the take over negotiations and deals with the football side so that is set up.

They wont chuck money at it willy nilly but whatever the club makes will go back into it. They are very big community people too and the belief is that a few other people may well back them financially also.

Not sure if Smurf will go Nuneaton though as the ground is something he charges rent for so makes money, assume he had it with Coventry going there a possibility at the time. He would make little money from taking over the club as a concern.

I think he will try for Notts and if not wouldnt be suprised to see him look at Macc.
 

JJ1532

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Profits based on player transfers no? Plus, correct me if I'm wrong, but the ground and it's operating costs don't factor into the clubs accounts. So, when you combine the 2 and remove the transfer windfalls, I'd be surprised if the club overall still generated a profit. Very surprised.

And if the club doesn't make money and does operate at a loss, how much of their companies profits will they funnel into the club to keep it afloat? Yes, maybe more investment could come in to help balance things out, but it might be something to keep an eye on.

But all that aside, getting rid of Smurf is a massive bonus. Whilst I can't say I wish you luck on the pitch, you guys do deserve a few years of peace and quiet off the pitch, which hopefully these new owners can provide.
 

darren gregory

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They employ 350 people and are a multi million pound business. They aren't somebody who thinks Port Vale is a hotel. They will know the pitfalls.

We aren't stupid or naive to think we will have a massive budget or sign worldies. We just want a club run properly which is unusual in lower league football.

What we are getting is transparency and decent family people.
His nose was bigger than Pinnochio.
Lie after lie from a Walter Mitty fantasist.

Barged onto the team coach after that massive cup shock to Exeter , who were about 10 places below us !!

Deliberatley forced Page out by reducing the budget to peanuts then crowing about it on social media.

Setting Bruno on allegedly with help from Mourinho. Said play-offs minimum and a bloke called Saleiro would be top scorer in the division. ( he never played a single game as was homesick ).

Appointing Brown who took us down. Then giving it him full time.
And yes he was swayed by the fans but Aspin had no credentials to be manager other than being a legend. Gateshead were mid table conference, imagine had we appointed say the Eastleigh or Boreham Wood managers who were above Gateshead. Would of been uproar.

Then his alleged attack by 3 supporters who all happened to be wearing Vale tops, his knocking down by a car 12 hours before a protest march. Never heard a dicky bird again about the ' accident' and all was quiet in the press.

Insane ramblings on the radio where he was either pissed or on monkey dust when he threatened to take us into administration.

Harbouring 1.8 million from Hugill, 75 grand Tv money, 500 grand player sales.
False promises of 400 grand in January, when he then signed 5 players himself.
Not a single one made an appearance under Askey and one other went back to Leek Town.


Now opposition fans won't be that arsed but the above is only a modicum of what he has done.

He simply must NEVER be allowed near any football club again unless it is Stoke City :dry:

All we want is a club ran for genuine reasons, we don't expect to be world beaters but at least the hate and antagonism is gone from the club.

Onwards and upwards slowly.
 
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valefan16

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Not to mention the Sky interview about why he didn't go for JFH!
 

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JJ - you are miles off the money in this thread regarding the 'alleged' losses and the need for someone to pump loads into the club to keep it going.

Apologies for telling the truth about Mr Smurthwaite.
 

valefan16

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JJ - you are miles off the money in this thread regarding the 'alleged' losses and the need for someone to pump loads into the club to keep it going.

Apologies for telling the truth about Mr Smurthwaite.

The administrators managed to run it well enough... and built a promotion squad. Not to mention Adams was on a hell of a lot more than Askey is!
 

JJ1532

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JJ - you are miles off the money in this thread regarding the 'alleged' losses and the need for someone to pump loads into the club to keep it going.

Apologies for telling the truth about Mr Smurthwaite.
Dude, you have a really short memory. Do you really need a history lesson in what happens when you make claims of a criminal nature against a thin skinned, emotionally volatile individual on a messageboard? See here please: https://www.blackpoolgazette.co.uk/...tted-as-oystons-sue-him-for-150-000-1-7039184

https://www.simkins.com/foul-play-by-football-fan-who-posted-defamatory-comments-online/

Think before you post FFS!

As for your finances, if they can combine the ground and football club costs and generate a profit without the need for substantial investment, then fair enough. I just have my concerns. We'll see in the long run how things turn out.
 

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