The wheels have come off: It’s time for answers…


So there you have it. After weeks of speculation, rumour, denial, claims and counter claims the wheels have officially come off.
Today’s damning revelations – published in The Sentinel – will fuel the fires of mistrust between supporters and the fledgling board of directors. And rightly so.
The admission that, at the time Perry Deakin and Peter Miller were elected to the board they hadn’t put a penny into the club, and that the chairman is receiving a salary and perks certainly blew a hole in their credibility with supporters at last night’s meeting.
Enough said. It is time that the Chairman and Chief Executive answered the following key questions posed by supporters in recent weeks.
These include:
1) Were Mr Deakin’s ‘nil paid’ shares or the Blue Sky ‘nil paid’ shares used in the recent votes to elect either Mr Miller or Mr Deakin to the board?
2) Who authorised the issuing of ‘nil paid’ shares? Was it done via a board meeting?
3) Crucially, is the multi-million pound Blue Sky investment still happening within the promised time-frame – i.e. £5 million into the club’s bank account within 12 months of the deal being announced on Sept 13? If not, why not?
4) Why on September 30 did the club’s website state that Blue Sky had purchased £150,000 worth of shares earlier in the week when Mr Deakin admitted yesterday these shares had been issued with no money being paid into Port Vale?
5) Why did the Ameriturf deal fall through? Does the club intend to fight the threatened legal action by Ameriturf Global Systems?
6) Why should the chairman of the club receive a salary and benefits when we already have a paid CEO and club secretary and the figurehead role was previously unpaid?
7) What is the time-frame for the Chatterley Whitfield development? How far have talks gone? Has any planning permission been sought with Stoke-on-Trent City Council?
8) Why, in this new era of openness and transparency, have neither the chairman nor chief executive seen fit to meet with ordinary supporters at a public meeting since their election to the board despite both Mr Deakin and Mike Lloyd promising at previous meetings at Baddeley Green WMC that they would do so?
9) Is it true that club sponsor Harlequin have asked for any of their money back now that Bill Bratt has stepped down from the board?
10) Why can’t the AGM be moved to an evening meeting to allow more shareholders and fans to attend?
11) What are the actual start and completion dates for the Robbie Williams suite given we know that the original completion date of December 17 now won’t be hit?
12) Can you confirm that you have been paying off the interest on the loan from Stoke-on-Trent City Council or is the club still enjoying a payment holiday?
I’m not holding my breath for the answers.

Advertisements

2 thoughts on “The wheels have come off: It’s time for answers…

  1. Stephen D'Arcy says:

    Enough is enough.
    The Football Association should suspend Deakin and Miller from any involvement with Port Vale while an independent enquiry into the running of the club is held.
    They make Ken Bates look like Mahatma Gandhi.

  2. Andy Morris says:

    I will freely admit that in the past I have been with the vast majority of PV fans and just ignored all the goings on and just turned up week after week and cheered on the team win or lose…..but ENOUGH IS ENOUGH! We have to all join together and DEMAND answers from Miller and Deakin. Let’s not have 80 at the next supporters club meeting but 800….or more… and show these two what we all think of them and force them to go!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s