The following statement has been issued by Port Vale :-
Port Vale Football Club would like to confirm that they have reached a “significant” point in the process of finding a buyer.
The Club has entered into a Confidentiality and Exclusivity agreement
with Carol and Kevin Shanahan regarding the purchase of the Club and
Vale Park in their entirety.
Both parties will now work together diligently to progress this
process over the next 5 weeks. Port Vale Chief Executive/Secretary Colin
Garlick said on behalf of the Club and the Shanahan’s:
“There has been a great deal of dialogue between the two parties over
the last 10 days to reach this important point. There is still much
work to be done as Carol and Kevin work through the legal process and
the English Football League compliance procedure. I, along with my
staff, will be doing all we can to help them during this time.”
No further statement or communication regarding the sale will be made by either party while the process is ongoing.
Two men have been arrested after officers stopped a car in Stoke last night (28 March).
Officers stopped and searched a vehicle on Fletcher Road in Stoke at around 6.50pm and approximately 200 wraps of crack cocaine and heroin were found and seized.
A 27-year-old man from Wolverhampton was arrested on suspicion of possession of controlled drugs with intent to supply and a 19-year-old man from Stoke-on-Trent was arrested on suspicion of concerned in the supply of controlled drugs.