Port Vale administration threat

Port Vale owner Norman Smurthwaite has threatened to put Port Vale into administration if a buyer is not found by May 5th (the club and the ground are owned by separate companies in turn owned by Smurthwaite: Port Vale

Carol and Kevin Shanahan, who own Stoke-on-Trent-based IT company Synectics Solutions, have made three attempts to buy the club, the last valued at £4m.

Like Roland Duchatelet at Charlton, Smurthwaite is blaming protests by fans for the plight of the club.

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The Political Economy of Football V2

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