Port Vale chairman Norman Smurthwaite steps down after relegation

Port Vale chairman Norman Smurthwaite steps down from his position at the club following their relegation from League One.

Port Vale chairman Norman Smurthwaite has stepped down from his position following the club's relegation from League One.

Vale needed a win against Fleetwood Town on the final day of the season to keep their place in the third tier, but they could only manage a goalless draw as their four-year stay in the division came to an end.

Smurthwaite became chairman of the club in 2013 after being part of the investment group that took them out of administration the previous year, but he has now admitted to "seriously damaging" the club and vowed not to attend another match at Vale Park.

"Valiants, I took up the chairmanship of this great club four years ago, with the football club and its parent insolvent, a very large unpaid creditors list, and with no knowledge whatsoever of running a football club. Admittedly I seriously considered putting the club back into administration but the consequences of that would have been catastrophic so, having made my peace with Micky Adams, we agreed a course of rebuilding our club," read a statement from the 54-year-old on the club's official website.

"I did not realise what a big asset Micky Adams was until he left us who, in reality, he was much more than just the manager. On his departure I became vulnerable without his structured management of the football department. Being focused in trying to stabilise the club I ignored and took for granted the most important asset the football club has, and that is you the supporters. When I really understood that, I think for some of you that was unfortunately too late.

"In thinking outside the box last summer I have clearly seriously damaged our club, resulting in Sunday's relegation which was never my intention as the club is now a very big part of my life. I deeply regret the actions and appointments I made during the closed season and would like to apologise sincerely to all supporters, Port Vale staff and the wider Burslem community for the impact of my decisions last summer.

"The three managers under my watch have had my full and unwavering support both financially and with full autonomy. When considering Bruno [Ribeiro]'s replacement I interviewed a very successful established manager who stated that my loyalty to the people I employ was my Achilles' heel, something which may have contributed to where we find ourselves today.

"I have had a modicum of success in my business life and when I endured setbacks, of which there were many, I used to dust myself down and get back into the project in hand. Under normal circumstances that's how I would be thinking today wanting to roll my sleeves up, plan and fund our way back to League One next season. Sadly, due the environment of the last few months, I do not feel that is now possible.

"It is with a heavy heart that I have decided to stand down as chairman with immediate effect and relinquish all remaining duties that I am involved in. I will leave it to Colin Garlick the club's CEO, and the team he is building, to work through what will be a very difficult period for the football club.

"I will not be making any further comment or statement until the football club is sold but will endeavour to ensure that the right party purchase the club. I will also not be attending any games at Vale Park going forward. All that I ask is that you, the supporters, please put any differences that you may have behind you and try to fully support your club as it will need you now more than ever."

Vale are expected to make an announcement regarding a full-time manager this week, with Michael Brown's deal only lasting until the end of the season.

Share this article now:
A general view of the stadium ahead of the Budweiser FA Cup third round match between Port Vale and Plymouth Argyle at Vale Park on January 5, 2014
Read Next:
Port Vale appoint Bruno Ribeiro
You May Like
Recomended from Sports Mole

Loading ...

Failed to load data.

Subscribe to our Newsletter

Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!
1Luton TownLuton33207672324067
2Wycombe WanderersWycombe33188765461962
3Accrington StanleyAccrington33195957381962
4Mansfield TownMansfield331611652341859
5Notts County331610754351958
6Swindon TownSwindon34183135449557
7Lincoln City331411845331253
8Exeter CityExeter31164114136552
9Crawley TownCrawley34156134141051
10Coventry CityCoventry32155123627950
11Colchester UnitedColchester341311104540550
12Newport CountyNewport331211104143-247
13Carlisle UnitedCarlisle33129124644245
14Cambridge UnitedCambridge33129123444-1045
16Cheltenham TownCheltenham34109154650-439
17Yeovil TownYeovil33108154654-838
18Grimsby Town3499163050-2036
19Port Vale3397173749-1234
20Crewe AlexandraCrewe33103203654-1833
21Forest Green RoversForest Green3396183756-1933
Login, I already have my ad-free pass
Log in with Facebook to customise Sports Mole
Buy ad-free access (show me the options)
Buy monthly ad-free access for £1.20/month
Buy yearly ad-free access for £12 (2 months free)
Settings - Logout - Manage your account
Settings - Logout - Manage your account