Accrington Web - View Single Post

Twenty Eight · 02-07-2020, 09:09

A very good Client of ours was desperate to help Bury and put a package forward to save them - subject to due diligence.
What was uncovered during that due diligence was jaw dropping.
He walked away.
All this "we didn't know what not one, but two owners were up to" isn't exactly a strong case is it ?
Unless serious sanctions are applied in each and every case there will be carnage.
People forget what happened at Leicester City.
Wiped their debts when relegated with no punishment by going into administration and bounced straight back into the Premier League the following season spending well and retaining Premiership players on Premiership terms..
Fast forward 13 years - Champions.

02-07-2020, 09:09	#673
Twenty Eight Senior Member+ Join Date: Aug 2016 Location: Barnsley via Ramsbottom Posts: 2,318 Liked: 1008 times Rep Power: 0	Re: Coronovirus A very good Client of ours was desperate to help Bury and put a package forward to save them - subject to due diligence. What was uncovered during that due diligence was jaw dropping. He walked away. All this "we didn't know what not one, but two owners were up to" isn't exactly a strong case is it ? Unless serious sanctions are applied in each and every case there will be carnage. People forget what happened at Leicester City. Wiped their debts when relegated with no punishment by going into administration and bounced straight back into the Premier League the following season spending well and retaining Premiership players on Premiership terms.. Fast forward 13 years - Champions.