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Post Info TOPIC: Demise of Bury
Dodgy Dart


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Demise of Bury
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Only one team (atm., notwithstanding Bolton) going down to the National League will surely affect everything below? 



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Danson Mark


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RE: Demise of Bury
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Presumably, the National League will only relegate three, either us or the North will only relegate one depending on PPG, and it will be similar down the leagues. I cannot see it opening up another promotion spot.



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Squarevanman


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RE: Demise of Bury
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If Bury (and Bolton) had been in the National then they would have been out a lot sooner than this. 



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Dodgy Dart


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Demise of Bury
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Seems the problems began with the previous owner and not the guy who payed a quid www.theguardian.com/commentisfree/2019/aug/26/bury-britain-gigg-lane-brexit


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Wingman1963


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Demise of Bury
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Really feel for the loyal fans and town of Bury.
They won't come back for next season - can't see it TBF
Bolton will be saved.


Previous owner couldn't pay bills and used his company to subsidize them.
Previous owner struggled so much that he liquidated his company (due to owing too much)
Previous owner kept opening new companies to get credit (see above!)


New owner bought for £1.00 - used the ground to get a complex mortgage on it and car park.
Transferred other assets to his own companies
Charged club interest on loans
Charged club for his time
Didn't pay players, staff of suppliers
No proper Club secretary and just ignored league rules/demands
Offered to pay HMRC 25p in the £ - defrauding you/me/taxpayers


 

Thankfully those things don't happen at PVR

  



-- Edited by Wingman1963 on Wednesday 28th of August 2019 12:39:11 PM



-- Edited by Wingman1963 on Wednesday 28th of August 2019 12:40:23 PM

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OldOak2


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RE: Demise of Bury
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Surely the league is responsible for letting unsuitable people take control of clubs, and for the distribution of the significant TV revenues. Clearly in Bury the wrong people were in charge, but at other clubs they get TV cash but then pay stupid wages to foreign players with often questionable ability.

My suggestions, require all club directors to demonstrate appropriate financial strength, prevent club assets being used for non football investments, introduce a maximum player wage for each league, and limit the number of non English players in each team to say 3.

 

 



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Wingman1963


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Demise of Bury
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OldOak2 wrote:

Surely the league is responsible for letting unsuitable people take control of clubs,

My suggestions, require all club directors to demonstrate appropriate financial strength, prevent club assets being used for non football investments 

 

 

Agreed on the "fit and proper part"  

Ban any person who has been involved in a football related insolvency or bankruptcy.

Being on the board of a club that goes into CVA should be disqualification.

Being an owner who runs clubs to liquidation, like that Leeds owner, should also be enough.

 

 

 

Good chance of a NLN or NLS club struggling between now and end of season, so might open up a berth for Bury, if the fans get a phoenix club going?



 



-- Edited by Wingman1963 on Wednesday 28th of August 2019 01:49:11 PM

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Dodgy Dart


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Demise of Bury
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Well, one of the other 3 "last chance" bidders was none other than the ex owner of Gateshead. By chance or luck or due diligence on behalf of the EFL that didn't happen.

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