Cash-strapped Coca-Cola League One club Port Vale may be set for a financial windfall by renaming themselves and their stadium in honour of Stoke-born Reginald Mitchell, who designed the Spitfire fighter plane.American billionaire Sidney Frank, 85 - one of the world´s wealthiest men - believes Mitchell should be honoured for designing the Spitfire, and now Vale could be set to profit from the octogenarian´s wishes.Vale chairman Bill Bratt has contacted Frank with a proposal for a deal which would see the Stoke club receive a financial injection in return for changing their name to Port Vale Spitfires and renaming Vale Park the Reginald Mitchell Stadium.
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