The Vale started the season in modest form, picking up fourteen points in the opening nine games. On 11 September, John Rudge made the club's record signing by paying Lincoln City£500,000 for the services of midfielder Gareth Ainsworth. To pay for this, Jon McCarthy was sold to Birmingham City for £1.5m.[1] Also heading away from Stoke-on-Trent was Arjan van Heusden, who joined Oxford United on loan. The next month, Gareth Griffiths left for a loan spell at Shrewsbury Town. Disappointment came on 12 October, with a 2–1 defeat to rivalsStoke City at the newly opened Britannia Stadium. Vale's indifferent form continued, one highlight being a 3–2 win over Manchester City at Maine Road on 4 November in which Andy Porter man-marked Georgi Kinkladze out of the game.[2] Later in the year Paul Beesley joined on loan from Man City, and played a handful of games. The club's indifferent form then turned to a terrible run of ten defeats in twelve games, which included a run of one goal scored in seven games. Their form picked up in February, though they were still inconsistent. On 1 March, Stoke, who were also in relegation danger, escaped from Vale Park with a goalless draw. On 7 March, Vale beat Reading 3–0 at Elm Park.[3] Later in month Rudge signed young Tottenham Hotspur forward Paul Mahorn on non-contract terms. On 14 March, a 2–1 win over Manchester City was to prove crucial – the club's first home win over Manchester City, though Vale were still in danger of the drop.[4] Going into their final game with Huddersfield Town at the Alfred McAlpine Stadium Vale had lost three straight games, and needed a win to ensure their safety in the league.[5] A brace from Jansson, and one each from Martin Foyle and Lee Mills earned Vale a 4–0 win.[6]Rudge said: "It all ended happily in the end but we must take that as a warning and not ignore it".[7]
They finished in nineteenth place, one point above Manchester City in the relegation zone.[8] Stoke City were also relegated, and had Stoke beat Vale in Burslem then Vale would have taken Stoke's place in the relegation zone.[5] Lee Mills was the club's top-scorer with sixteen goals, whilst Tony Naylor also hit double-figures.
The club's shirt sponsors were Tunstall Assurance.
Cup competitions
In the FA Cup, Vale faced a trip to Highbury to face Arsenal. Rudge's "Valiants" battled to a goalless draw with the "Gunners" to take the Londoners back to Burslem; manager Arsène Wenger remarked that it was "amazing how teams who do not do especially well in their own league suddenly become monsters".[9] Again goalless, Dennis Bergkamp scored in the tenth minute of extra time, but Wayne Corden equalized eight minutes before the full-time whistle.[10]Lee Dixon missed the first penalty of the shoot-out, but Arsenal recovered to win the game 4–3 on penalties, and later went on to lift the cup.[11][12]