Or expulsion.
https://www.bbc.co.uk/sport/football/49280328" onclick="window.open(this.href);return false;
I mainly feel sorry for the Bury fan that used to come on here............
Bury - 14 days
Moderators: Admin, Ralph, asl, Robin
As i've said before a club needs to disappear or there is no punishment for running a club out of its financial means, i should imagine there weren't too many Bury fans giving a rats arse about the finances when they got promoted. But they're a north west club with class of '92 connections so i presume they will be given more than enough chances.
https://www.bbc.co.uk/sport/football/49356357" onclick="window.open(this.href);return false;
do the home teams Bury where to play get some compensation for these games not being played?
do the home teams Bury where to play get some compensation for these games not being played?
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Sure this cannot be allowed to continue.
I doubt it but maybe if they are kicked out then their share of monies will be distributed between the other 23?longmover wrote:https://www.bbc.co.uk/sport/football/49356357
do the home teams Bury where to play get some compensation for these games not being played?
I think I recall the number 7, as to number of postponed league games before a team is kicked out for things like not being able to field a team. Obviously things like games being postponed because of weather don't count. They've currently had 5 league games postponed I think, up to next Tuesday? But the final decision will be between games 6 and 7 anyway.
Or I may have just made that up.
Or I may have just made that up.
Sad situation. Time running out for Bury, who could be back in League Two next season: http://bit.ly/EFLOnBury" onclick="window.open(this.href);return false;
I doubt it. They are on course for expulsion from EFL and will have to start at the bottom of the pyramid.GL Rob wrote:Sad situation. Time running out for Bury, who could be back in League Two next season: http://bit.ly/EFLOnBury" onclick="window.open(this.href);return false;
In the link you gave, it states
"Bury would then be free to make an application to the Football Association to re-join league competition further down the English football pyramid from season 2020/21."
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Doesn’t mention what will happen to L2 relegation/NL promotion.
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Bury people begging for a hand out: https://www.bbc.co.uk/sport/football/49414602" onclick="window.open(this.href);return false;
What for? To survive another year before going bust again during which time a proper club gets relegated instead?
What for? To survive another year before going bust again during which time a proper club gets relegated instead?
Here we go
https://www.bbc.co.uk/sport/football/49438243" onclick="window.open(this.href);return false;
A one off extension eh? and another one after that no doubt to tie up loose ends, the EFL are a joke.
https://www.bbc.co.uk/sport/football/49438243" onclick="window.open(this.href);return false;
A one off extension eh? and another one after that no doubt to tie up loose ends, the EFL are a joke.
Their procedures to check on prospective owners of clubs certainly is, how did an asset stripping b#!#%#d like Dale get through their "rigorous" checking system. My heart goes out to the fans of clubs like Bury when arseholes like Dale are allowed to get into positions of power at these clubs. The EFL really need to take a long hard look at themselves.
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Plenty more carpets to be bagged in 48 hours.
https://www.bbc.co.uk/sport/football/49458044" onclick="window.open(this.href);return false;
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And the new bunch already blaming the EFL....longmover wrote:in consultation for ten weeks yet still need extended 48 hours to complete the sale
“It is disappointing the EFL has chosen to go for such a short extension, especially given this is a Bank Holiday weekend and our main legal adviser is unavailable until Wednesday.
We will, however, seek to gain answers to the main outstanding questions in the short time available but this does make the task much more challenging.
It would be a huge pity if the club were to fold because of lack of time to do the due diligence necessary for such a complicated scenario."
Already sound like a mob of arrogant spivs.
Have you ever bought or sold a business? It takes months of legal agreements so I’m guessing you haven’t.RegencyCheltenhamSpa wrote:And the new bunch already blaming the EFL....longmover wrote:in consultation for ten weeks yet still need extended 48 hours to complete the sale
“It is disappointing the EFL has chosen to go for such a short extension, especially given this is a Bank Holiday weekend and our main legal adviser is unavailable until Wednesday.
We will, however, seek to gain answers to the main outstanding questions in the short time available but this does make the task much more challenging.
It would be a huge pity if the club were to fold because of lack of time to do the due diligence necessary for such a complicated scenario."
Already sound like a mob of arrogant spivs.
I bought a business and it took 6 months to go from initial contact to signed deal and that was quick. 10 weeks of negotiations is nothing especially when they’re having to take on the existing debts.longmover wrote:ten weeks in negotiation and they haven't got a brief in place that may need to work on a bank holiday not a great start is it, also why is this any of the EFL's fault?
I'd be very concerned of this lot if i were a bury fan
well well well the spivs have been rumbled
https://www.bbc.co.uk/sport/football/49486208" onclick="window.open(this.href);return false;
https://www.bbc.co.uk/sport/football/49486208" onclick="window.open(this.href);return false;
the company that was going to purchase Bury is called C&N Sporting Risk Limited and their 2018 balance sheet showed assets of £181k, they need 2.7mill+ to finish the season, how has this offer got this far???ctfc-fan wrote:Have you ever bought or sold a business? It takes months of legal agreements so I’m guessing you haven’t.RegencyCheltenhamSpa wrote:And the new bunch already blaming the EFL....longmover wrote:in consultation for ten weeks yet still need extended 48 hours to complete the sale
“It is disappointing the EFL has chosen to go for such a short extension, especially given this is a Bank Holiday weekend and our main legal adviser is unavailable until Wednesday.
We will, however, seek to gain answers to the main outstanding questions in the short time available but this does make the task much more challenging.
It would be a huge pity if the club were to fold because of lack of time to do the due diligence necessary for such a complicated scenario."
Already sound like a mob of arrogant spivs.
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- Joined: 21 Nov 2009, 03:27
They were hoping to rinse the club. You take over the club debt. Restructure it so that you become a creditor, then get a CVA to get more money out than you put in and go through the whole charade again in six months.longmover wrote:
the company that was going to purchase Bury is called C&N Sporting Risk Limited and their 2018 balance sheet showed assets of £181k, they need 2.7mill+ to finish the season, how has this offer got this far???
Dale now saying give us 24 hours for new bidders to prove they have the money. Just end it now. Get these crooks out of the game and issue a warning to other clubs: crooks and spivs WILL be stopped from destroying clubs. Enough is enough.
They apparently have shown financial backing to the EFL. It appears that the C is Alistair Campbell’s son and they are maybe thinking of using the Moneyball Approach whereby their analysis of players and risk can hopefully show up a different way of success.longmover wrote:the company that was going to purchase Bury is called C&N Sporting Risk Limited and their 2018 balance sheet showed assets of £181k, they need 2.7mill+ to finish the season, how has this offer got this far???ctfc-fan wrote:Have you ever bought or sold a business? It takes months of legal agreements so I’m guessing you haven’t.RegencyCheltenhamSpa wrote: And the new bunch already blaming the EFL....
“It is disappointing the EFL has chosen to go for such a short extension, especially given this is a Bank Holiday weekend and our main legal adviser is unavailable until Wednesday.
We will, however, seek to gain answers to the main outstanding questions in the short time available but this does make the task much more challenging.
It would be a huge pity if the club were to fold because of lack of time to do the due diligence necessary for such a complicated scenario."
Already sound like a mob of arrogant spivs.
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- Joined: 21 Nov 2009, 03:27
Dale’s son-in-law on the make too, trying to claim £7m owed to the previous owner:
https://amp.theguardian.com/football/20 ... ssion=true" onclick="window.open(this.href);return false;
https://amp.theguardian.com/football/20 ... ssion=true" onclick="window.open(this.href);return false;
Bury buried, according to Sky News:
https://news.sky.com/story/three-new-ta ... s-11795507" onclick="window.open(this.href);return false;
https://news.sky.com/story/three-new-ta ... s-11795507" onclick="window.open(this.href);return false;
Confirmed by the BBC:
https://www.bbc.co.uk/sport/football/49451896" onclick="window.open(this.href);return false;
https://www.bbc.co.uk/sport/football/49451896" onclick="window.open(this.href);return false;
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Bolton given two weeks. Time for a couple more 5-0 hammerings for their kids team.
When/if they are kicked out the EFL as well does that mean there will be no relegation from L2?
When/if they are kicked out the EFL as well does that mean there will be no relegation from L2?
I have sympathy with the fans (maybe apart from the knob-head who used to come on here twice a year...) - but generally lack sympathy with any club who gamble their finances, spending money they haven't got, chasing the dream.
Sorry, Bury FC: you were architects of your own demise and the blame lays squarely in the hands of those running the club.
Sorry, Bury FC: you were architects of your own demise and the blame lays squarely in the hands of those running the club.