I am actually shocked. Despite the EFL threats, I never thought it would actually come to this. So sorry for their fans and staff. Hopefully they will one day be back.
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I am actually shocked. Despite the EFL threats, I never thought it would actually come to this. So sorry for their fans and staff. Hopefully they will one day be back.
Not obvious they could not pay it and slightly more complex than this.
Stewart Day was underwriting the club through his own businesses in much the same way as Tony Stewart with us. However, Days businesses failed going into multi million pound insolvency. He had no money for the club and the whole wage structure was immediately ruinous.
It could happen to any club so totally reliant on income from their owner.
More time for Bolton
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2019) to meet all outstanding requirements of the League’s insolvency policy or its membership in the EFL will be withdrawn.
Bury have gone
Wouldn’t be at all surprise if that’s what Dale wanted, maybe EFL need to look deeper into owner and not just what money they have in front of them at the time.
Someone will come in and re start Bury FC from the bottom hopefully with no debts
Good luck and see you in the future
Yes maybe TS will now stop getting the abuse but I doubt it
Last edited by millertop; 28-08-2019 at 06:28 AM.
What's the impact on relegation and promotion? Presumably 1 fewer down and same number up?
Be no difference at top of L1 but only three to go down now.
According to the sun,
In order to return League One to a 24 team division, the EFL need to find one extra club for next season.
That will come in the shape of the team which finishes fourth from bottom of League One this season, rather than an extra side gaining promotion from the league below.
This means the four promotion places from League Two remain unchanged.
Last edited by millertop; 28-08-2019 at 06:46 AM.
I did say ages ago that clubs are struggling, now dying and it’s all down to money money money
The greedy ****s are to blame.
Will they now look at trying to do something to stop clubs dying?
Capping players fee/wages would be a start because the money they have on their heads is disgusting imo.
These two are not the only ones, open your eyes EFL and look what is happening![]()
Many on here will be pleased Bury have gone.
The EFL already has a wage cap in place. However, these rules are flouted by club owners (like our very own) by introducing money into clubs as sponsorship or shares (exactly what Day did at Bury until his business went bust).
It is these very club Chairmen who create and vote through new EFL rules.
Who is it exactly that should open their eyes?