Port Vale are set to go into administration for the second time in just over eight years, the club have confirmed.
The npower League Two club was placed under a transfer embargo towards the end of last month, which prevented Chris Birchall from making his return for his hometown club against Northampton on February 25.
An unpaid Income Tax bill has led to a number of creditors contacting the Vale Park club, including Stoke City Council - who are reported to be owed in the region of £4million.
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