Vale enter administration

Port Vale have entered administration for the second time in nine years, Stoke-on-Trent City Council have confirmed.

An unpaid Income Tax bill has led to a number of creditors contacting the club, including the council who have a loan worth £1.8million outstanding.

And after an application by leader Mohammed Pervez to the High Court in Birmingham on Tuesday, Vale have gone into administration, leading to a 10-point deduction from the Football League which ends their hopes of a promotion push in npower League Two.

Copyright (c) PA Sport 2012, All Rights Reserved.