Port Vale's CVA has been passed by 87% of the voters today after the local council agreed to accept Keith Ryder's £1.3million offer last night. The council, which voted 38 to 3 in favour of the offer, will lose £1.5million due to the deal but it is reported to be a better outcome than liquidation. Vale Park, on which the loan is secured, has been valued at just £1million after the previous board claimed it was worth over £4million. On the pitch, Micky Adams has released first year pro Charlie Raglan after the defender failed to make an impression on the first team.
Macclesfield report that they should have injury victims George Donnelly, Tony Diagne, and Carl Tremarco back fit for this weekend's game against Burton, but that keeper Steve Collis will not play again this season. Swindon are claimed to be one of two sides that have made a bid for Rotherham striker Lewis Grabban. Rotherham have appointed Richard Stewart, son of chairman Tony, as their new Vice Chairman.
Derby have denied being the club to make a bid for Northampton midfielder Michael Jacobs, but they have confirmed they are watching the out of contract player. Morecambe have won the award for best pies in the Football League for the second successive season. They also scooped three other prizes at the British Pie Awards.
Scunthorpe boss Alan Knill says the club's budget next season will be substantially lower than the current campaign. Knill had to do a hatchet job on his playing budget last summer following relegation to League One and now has to do the same again. Tranmere boss Ronnie Moore expects to employ five less players next season. The former Rotherham boss is to agree a one year contract to remain at the club this week.
Bournemouth have reported a profit of £1.1million for last season, their first profit in over 10 years. They sold four players and received a fee for manager Eddie Howe's departure to Burnley. Darlington's fans are to present new proposals to the FA in a bid to strike agreement with Raj Singh over his demands to waive his debt. Singh has blocked their revised CVA after the FA objected to the clauses he demanded.
Grimsby have released striker Rob Duffy and defender Scott Garner after telling the pair they would not be offered new contracts. Garner is an England C International. Cheltenham have raised their season ticket prices by £10 for next season. Standard priced terrace tickets are £310, with grandstand prices between £390 and £409.
Burton keeper Kevin Poole will retire at the end of the season. The 48 year old started his pro career in 1981, and will continue coaching.
Burton keeper Kevin Poole will retire at the end of the season. The 48 year old started his pro career in 1981, and will continue coaching.