Interest in Vale sale
PORT VALE have revealed that two local businessmen have indicated they would be interested in buying the cash-strapped club.
Vale were placed into administration last week and need a buyer to stave off liquidation.
They are reported to have debts of up to £4million, including £1.8m to the city council.
Administrator Bob Young said: “One party is called The IPP Group, a Staffordshire-based consortium.”
The other is a local businessman Mo Chaudry, who attempted to buy 51% of the club last summer.