Port Vale Football Club takeover confirmed!

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Port Vale Football Club have this afternoon confirmed that the purchase of the football club has been completed by Carol and Kevin Shanahan of Synectics Solutions.

The Shanahans entered into exclusivity talks with the club in a view to purchase both the club and Vale Park from Norman Smurthwaite at the begining of April.

The club released the following statement via their Twitter feed this afternoon:

“The first action has been for the club to purchase Vale Park in it’s entirety and bring it back under the ownership of the club.

All future revenue generated within Vale Park will remain within Port Vale Football Club.”

We will keep you up to date with the very latest developments at Port Vale via our dedicated Twitter feed via @moorlandsaport1