The following is a statement from Port Vale's preferred bidder, Keith Ryder:

"We have now signed all of the contracts, in addition to the membership agreement from the Football League. This document still needs to be signed by the Football League itself.

"These contracts include the additions we were asked to make by all parties. I am hopeful that we can bring this matter to a swift resolution at the earliest possible opportunity.

"I understand this is frustrating, but I would urge everyone to be patient as I believe this will be resolved soon."

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