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Bury FC: 1885 to 2019 inc. petition

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Bolton fans were some of the biggest idiots I’ve ever had to deal with at away games at the Reebok in their premier league years.

Shouting stuff and throwing stuff at kids and always acting up on the way back to the train station, I suppose it didn’t help that we had a tendency to beat them last minute at their place but I’m not too shook up about what’s happening to them to be honest
 
Only Notts County and Portsmouth have been fan-owned and then sold out in recent English football history, IIRC. Swansea had a lot of fan representation too.
They are owned by a venture capital mob arnt they? Isco or sommet. Like many thought footie was a one way ticket.
It’s when different parts become owned by different elements- so the Ricoh arena went to a trust that was partially fan/charity owned, part council owned.

So if the same thing happened with a club becoming fan owned (or the playing element) with the ground going elsewhere, that would be the worry.
 
Bit ridiculous that three bids have been lobbed in at the last minute for Bury and the bidders, MP and owner are now pleading (again) for more time.

If all of these people are reputable businessmen and -women then there would be no need for them to wait until the final months.

Do it at the last minute, minimal scrutiny and see how much a new owner can screw out of the club. Wasn't that how the current owner got in?
 

There may now be a chance for Bolton even if there's less optimism about Bury's plight but is this just the tip of the iceberg?

Until the vast explosion of wealth through mega tv deals there were some top tier clubs struggling.

The vast difference between the prem and the top levels of the EFL makes clubs risk everything in pursuit of a dream. The effect cascades down the leagues to leagues one and two, transfers and running costs including wages (even if miniscule compared to the prem) are all affected and clubs risk bad owners who come with false promises. The problem isn't confined to Bury and Bolton but they may be only the first of many to bow to the inevitable.

It's not a problem that's suddenly appeared, the EFL have had dodgy supervision for years, Leeds' current owners for example aren't without fault, it was always coming. Whether just better supervision is the answer i'm not so sure, should we really keep every club even - just because they were founded in Victorian times?

Is it not better if some up and coming and perhaps better financed conference clubs become league clubs quicker or would the EFL benefit from fewer clubs?

The pyramid need not be materially affected if others take their place but perhaps only the better run clubs would be higher up. There would still be the same opportunity for buyers to step in if their plans were credible.

Sad though it is, should struggling clubs be allowed to go to the wall if replaced by better clubs? It's desperate for the supporters involved - and you can absolutely identify with that, but if a club is run badly and losing money with only asset strippers or more dodgy owners interested, is it not an inevitability hard for anyone to stop?

It needn't be quite the end of the road for Bury fans even if they do leave the league and the ground sold off for houses to pay debts. Two clubs namely Accrington Stanley and AFC Wimbledon could provide parts of a template they may be able to follow.

I hope they can re-form and prosper following the example of nearby Accrington Stanley who went bust in the 1950's I think. They were a North West Counties side (or similar way below the conference) in the 80's.

AFC Wimbledon, a fans club that was formed - following the demise of Wimbledon FC and the loss of Plough Lane to the developers with their lleague franchise being taken over by Milton Keynes Dons - is another example of what fans can do.

Football has always been a business even if it means so much more to the fans.
 


The EFL Board met earlier this evening and, after a long and detailed discussion, determined that Bury FC’s membership of the English Football League be withdrawn after the deadline passed at 5pm today (Tuesday 27 August) without a successful resolution.

Despite repeated requests to its owner Mr Dale over a sustained period of time, the necessary evidence in respect of how the Club would meet its financial commitments, has simply not been provided and, as a result, attentions turned to securing new ownership at the Club.
At its meeting on 24 August 2019, the Board agreed a short extension to 5pm today (Tuesday 27 August) to enable Mr Dale and the Club to explore the possibility of a proposed sale with C&N Sporting Risk Limited, with Mr Dale having accepted their offer. Following due diligence, C&N Sporting Risk Limited opted not to pursue its interest.
Therefore, having fully considered all available options, including a number of late expressions of interest provided to the EFL, the EFL Board has unanimously determined with enormous regret that Bury’s membership be withdrawn.

The EFL Board had maintained that there could be no further suspensions to the fixture list and that these ongoing concerns and the integrity of the competition were a significant factor in the decision.
Recent events have highlighted how decisions taken at Bury FC over the last few seasons have caused the Club and individuals close to it significant financial distress and there are a number of matters which, in our view, will require further investigation.
League One will now comprise of 23 Clubs for the remainder of the campaign and relegation places in the division reduced to three, which will result in a full complement of 24 Clubs in 2020/21. A discussion will take place with EFL Clubs on the consequential impact in League Two when Clubs next meet in September 2019.

Debbie Jevans CBE, EFL Executive Chair, said: “Today is undoubtedly one of the darkest days in the League’s recent history. The EFL has worked determinedly and tirelessly to avoid this outcome and it is with a heavy heart that this situation has been forced upon us.
“The EFL has to place the integrity of our competitions at the heart of every decision we make, and we simply cannot allow this unacceptable situation to continue or countenance the prospect of postponing further fixtures.

“I understand this will be a deeply upsetting and devastating time for Bury’s players, staff, supporters and the wider community. There is no doubt today’s news will be felt across the entire football family.
“No one wanted to be in this position but following repeated missed deadlines, the suspension of five League fixtures, in addition to not receiving the evidence we required in regard to financial commitments and a possible takeover not materialising; the EFL Board has been forced to take the most difficult of decisions.”
 
Plus Bolton one



Despite further exchanges with the Administrators over the course of the Bank Holiday weekend, and right up until today’s deadline of 5pm, a resolution to ongoing impasse in negotiations regarding a completion of sale at Bolton Wanderers has not yet been found.

The EFL Board has therefore taken the decision to lift the suspension on the notice of withdrawal, which was issued as per the EFL’s insolvency policy when the Club entered administration in May 2019.
As per the League’s Articles of Association, this will now give the Club 14 days (11.59pm on 12 September, 2019) to meet all outstanding requirements of the League’s insolvency policy or its membership in the EFL will be withdrawn.

In respect of the situation at Bolton Wanderers, the administrators now have this period of time to successfully conclude a change of control with a preferred purchaser, or provide sufficient evidence that they are in a position to fund the Club for the remainder of the 2019/20 campaign.
EFL Executive Chair, Debbie Jevans CBE, said: “Despite repeated assurances, we are extremely disappointed that we are still not in a position to reach a successful resolution with the sale of Bolton Wanderers and have therefore taken the decision to lift the suspension on the notice of withdrawal. I again urge all parties to finalise the proposed takeover.

“The reality of this action is that there are now 14 days to secure the Club’s long-term future, and I sincerely hope we can find a way through these challenging circumstances for the benefit of all those who have an association with the Club.”
 


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