Football

.

Port Vale come out of administration

Published Add your comment

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

Supported by his business partner Norman Smurthwaite, Wildes' Alchemy Investment Group's £1.25million bid was approved by administrators Begbies Traynor on Tuesday night.

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

Copyright (c) PA Sport 2012, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms

Topics:
Football
Port Vale
League Two
Charlton Athletic

Read more

back to top