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Creditors approve Vale takeover bid

Friday, April 27th 2012 15:47

Football League now need to finalise deal

The takeover of Port Vale has moved another step closer.

Over 90% of creditors have approved the takeover, and 87% were in favour of the CVA.

It's hoped a deal for Keith Ryder to takeover the club will be approved by the football league by the end of June.

Gerald Krasner from administrators Begbies Traynor has been speaking to Signal's George Andrews...

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