Dolly Parton?!
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Another established football league club to go in to administration.
- Thread starter Waterhall Wizard
- Start date
Dolly Parton?!
KZNSeagull
Well-known member
Perhaps it is time for their most famous fan to put his hand in his pocket?
Basil Fawlty
Don't Mention The War
When are the FA and Football League going to say enough is enough. One club will go into Liquidation before or after the season at this rate.
JJB
New member
This. The same as what happened in Italy in the 90's when they were the dominant league. The same will happen in Spain in the next 5-10 years. Then the Russian league will become the powerhouse of football (even though I was laughed at on another thread, that will be where the money will be), unless of course FIFA bring in the rules applied in Germany on a world wide scale.
As you say, let's never wish it on any other club. I'd want my club to be successful without relying on points docked - but I know what you're trying to say.
Williams apparently donated £200k previously towards a fund to build a training pitch or something. The board never built it, and spunked his cash. Don't blame him for not being interested this time round.
KZNSeagull
Well-known member
Didn't know that. Can't blame him either, then.
Surprised he is not involved in a take over though. Maybe he is but he is keeping quiet.
Young may have to make redundancies to cut costs, but has made it clear he wants to keep Adams at the helm.
He said: "Micky Adams is a very good manager. I am very much hoping he will stay with the club.
"One of the things I will be telling the players is that I won't be meddling in that part of the club.
"The manager is in charge of them and that is how it remains."
Adams could be asked to take a pay cut or to defer part of his wages, as Brian Horton did when the Valiants last went into administration nine years ago.
However, Young wouldn't comment on that possibility or speculate on what price he hopes to sell the club for.
However, he did reveal he has already had three inquiries from interested parties.
Young was Vale's administrator in 2003 when he sold the club to the Valiant 2001 supporter consortium in preference to an offer from Stoke City's Icelandic owners.
He has been appointed by Stoke-on-Trent City Council, who are Vale's major creditor with a £1.8m loan secured on the ground.
The council have pledged around £600,000 to help fund the club in administration until the end of the season.
Young and fellow Begbies Traynor colleagues Steve Currie and Gerald Krasner must try to get the best price for the club's creditors.
But Young says both the administrators and the city council want to find a buyer who can ensure the Valiants don't end up in their current situation again.
He added: "People know we have a great manager and a good team for this division. I am hoping that will be attractive."We are at a very early stage, but I have had two or three tentative inquiries already.
"I am expecting the same level of interest as last time. The trick is to filter them. I have to get the best price, but also find someone who can run the club properly. I don't normally look for repeat business.
"The important thing is that myself, Begbies Traynor and the city council are determined to preserve this as a football site for the northern part of Stoke-on-Trent.
"We are not looking for houses to be built here."
WaterWorld owner Mo Chaudry is the only person to so far publicly declare an interest in buying the club, but has made clear it would have to be at the right price.
The city council have a veto on any bid for the club, so if the administrators don't receive an offer high enough to satisfy them, one alternative could be for the authority to become owners of Vale Park and lease the stadium to the buyers of the football club.
Meanwhile, Young has urged supporters to turn up in force for tomorrow's home game with Barnet (3pm).
He says any extra gate money will help him keep the club alive while he looks for a buyer.
He said: "The council have been as helpful as they can, but we need as many people through the turnstiles as possible.
"That support will also encourage any buyer."
He said: "Micky Adams is a very good manager. I am very much hoping he will stay with the club.
"One of the things I will be telling the players is that I won't be meddling in that part of the club.
"The manager is in charge of them and that is how it remains."
Adams could be asked to take a pay cut or to defer part of his wages, as Brian Horton did when the Valiants last went into administration nine years ago.
However, Young wouldn't comment on that possibility or speculate on what price he hopes to sell the club for.
However, he did reveal he has already had three inquiries from interested parties.
Young was Vale's administrator in 2003 when he sold the club to the Valiant 2001 supporter consortium in preference to an offer from Stoke City's Icelandic owners.
He has been appointed by Stoke-on-Trent City Council, who are Vale's major creditor with a £1.8m loan secured on the ground.
The council have pledged around £600,000 to help fund the club in administration until the end of the season.
Young and fellow Begbies Traynor colleagues Steve Currie and Gerald Krasner must try to get the best price for the club's creditors.
But Young says both the administrators and the city council want to find a buyer who can ensure the Valiants don't end up in their current situation again.
He added: "People know we have a great manager and a good team for this division. I am hoping that will be attractive."We are at a very early stage, but I have had two or three tentative inquiries already.
"I am expecting the same level of interest as last time. The trick is to filter them. I have to get the best price, but also find someone who can run the club properly. I don't normally look for repeat business.
"The important thing is that myself, Begbies Traynor and the city council are determined to preserve this as a football site for the northern part of Stoke-on-Trent.
"We are not looking for houses to be built here."
WaterWorld owner Mo Chaudry is the only person to so far publicly declare an interest in buying the club, but has made clear it would have to be at the right price.
The city council have a veto on any bid for the club, so if the administrators don't receive an offer high enough to satisfy them, one alternative could be for the authority to become owners of Vale Park and lease the stadium to the buyers of the football club.
Meanwhile, Young has urged supporters to turn up in force for tomorrow's home game with Barnet (3pm).
He says any extra gate money will help him keep the club alive while he looks for a buyer.
He said: "The council have been as helpful as they can, but we need as many people through the turnstiles as possible.
"That support will also encourage any buyer."
Uncle Buck
Ghost Writer
- Jul 7, 2003
- 28,075
Thank you Charlie Sheen...