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Port Vale Takeover

The takeover of Port Vale is now complete. Paul Wildes, CEO and Founder of the Alchemy Investment Group and Norman Smurthwaite has bought the club.

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Port Vale takeover complete

Paul Wildes, CEO and Founder of the Alchemy Investment Group and Norman Smurthwaite have today finalised the takeover of Port Vale Football Club with administrators Begbies Traynor.

The deal, which follows full approval from the Football League is worth £1.25m and means that Port Vale will now come out of administration, eight months after entering it in March 2012.

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