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To be fair they have been conducting due diligence for weeks but only made an offer yesterday.
Rory Campbell ain’t a bad young man - son of Alistair Campbell MP. This is business. If you want to buy something but know that there’s little it no interest you let the click run down then get it cheaper ! Can’t blame them. I anticipate it will be over the line. |
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Given that the ground is mortgaged for millions, I wouldn’t be in any great rush either.
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Might be an unpopular opinion, but the games they have had to postpone so far should all be forfeited 3-0 (should also apply to Bolton vs Doncaster).
There has to be a punishment for not being able to fulfill fixtures. EFL lack of clarity of rules and failure to stick to deadlines has exposed them as charlatans. |
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They have to fulfil their fixtures end of. They will likely get a greater points deduction anyway. Bolton and Bury are down even if they survive. We’ve got to focus on not being in the other two berths. |
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There are some decent lads training at Bury ready to sign if/when the deal is done.
Ironically one of them got rejected by us and is the creative midfielder type we’re missing. |
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No idea why they would be interested in Bury. Agree with Dave, however they are more likely to give five 0-1. No chance that they will have evidence withing the extra 48/72 hours, this will go on for a while yet. |
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Ballturn in same boat now again, shame if they both go it could cost stanley about £80k. |
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Tickets on sale for Bury v Donny. Donny told its on.
Get your bets on Chris Dagnall for first goal. |
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If the EFL extend Bury or Bolton’s deadlines again then the EFL needs to be binned off and the clubs start their own league with suitable governance.
There is no point having a rules enforcer who can’t even enforce their own deadlines. It may sound harsh but they should have both been kicked out the league the day before the first fixtures. They could have applied for the non league and possibly have got in at conference north / national premier league level who would have made provision to accommodate as their leagues started later and they would have had the huge financial incentive to let them in due to the fan base and press it would have generated. The EFL or whoever takes over from the EFL needs to have an agreement in place with one of the non leagues that they can accept a league team if they are rejected from the league prior to the first game; this is not rocket science. I know the league of Wales was willing to make an exception to let Bury enter there 2nd division if Bury where kicked out of the EFL and rejected from the national league; while it seems harsh at least they could have continued to compete for a season and then reapplied for the English non league to try and get back in at say Conference North level. |
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S’funny how times have changed.
Seem to recall being told that, in 1962, when a letter was sent asking for Stanley’s rash resignation to be rescinded, it was dismissed with no further debate by the then League authorities. |
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Whats happening is weird to me, at weekend it looked like Bury dead and buried, Bolton surviving, now it looks the other way around to me? have to agree with Di, but for ilyas in 2009 we would have been knackered, i cant recall the E.F.L. offering us a chance? please correct me if thats wrong!
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Speaking of Ilyas, whats become of the great man? A true STANLEY legend.
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The current problem with Bury and Bolton is not that they owe substantial amounts of money, as they are operationally manageable. Bury's problem is that Steve Dale wasnt paying anyone, players, opponents, staff, possibly police. He wasnt trustworthy to stage a game and pay the interested parties for their part in that game. I believe EFL payments to the club have been withheld (tv money, solidarity and academy monies). Until he can either prove he has the money to see it through, or sells the club to someone who can, then EFL wont sanction a game. With Bolton the problem lies in red tape. A club (or presumably any business?) cannot be allowed to trade indefinitely whilst in administration. Administrators are brought in to realise the value of a company and either facilitate a sale (again to someone who will be take responsibility for all liabilities) or liquidate the company in order to sell off the assets and repay owings. The administrators told the EFL that a deal was in place, price agreed, and paperwork drawn up needing only to be signed. So on the eve of the season the EFL granted Bolton their place as the deal was 99% in place. Bolton COULD play games as they had the operational cashflow to pay people and the administration would shortly be lifted. The deal then fell through. Another deal has since fell through. The administrators at Bolton WILL liquidate the club in order to sell off the family heirlooms and settle their debts. The EFL have given them more than enough time and now want to force their hands one way or another with any deal left on the table. Neither situation can be allowed to just ramble on. The EFL have taken flak over it all but have been overly lenient throughout. Their true guilt lies in having allowed new owners to take on the 2 clubs despite BOTH having history of multiple failed businesses collapsing owing money whilst they both profited (asset strippers). Quite clearly neither was 'fit and proper' I feel for both sets of fans. Ive helped where I can with Bury, hell I even dragged my Jurassic body along to the charity match and performed 45 minutes of painfully torturous exercise (loosely), and will tomorrow be taking my van full of water along to Gigg Lane to help with the clean up of the stadium. Whatever the outcome for both clubs, this HAS to be a watershed moment where football realises what it has almost lost - and sorts its act out. Failure to do so is going to result in a huge reshuffle of footballing power. Perhaps a well run, profitable club from a small town may even see its star rising further? |
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Aye ta for that, but who vets new owners? cos they are doing a very poor job.
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[quote=maccawozzagod;1230926]
Good post, macca, and your comment about the EFL’s laughable “fit and proper test” is the crux of the problem. Unfortunately, it doesn’t just apply to football clubs but to all types of ‘business’, where the law seems allow crooks and conmen to run up massive debts, fold the company, and set up a new one the next day with virtually the same name and no sanctions. interesting that i heard a bury fan on the radio the other day saying that “maybe the accrington model” is the way to go! |
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Even Stanley’s model is somewhat due to Andy Holt personal finances and the fortune of cup runs; another season like last season with no cup runs will not help matters.
While Andy hasn’t budgeted on a cup run or a sizeable player transfer; it’s clear they are the reason he has been able to pay for the majority of ground improvements. Let’s hope by May 2020 we are safe in league 1, have a player or 2 moving on for a 7 figure sums and have got through to the 5th round of the FA cup and possibly had a tv appearance on the back of it. Andy Holt deserves credit for spending any ‘bonus’ (aka player sales/cup and tv revenue) on long term infrastructure rather than short term signings and wages; he has made the clubs long term interest and sustainability his priority. |
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[QUOTE=Exile on Spencer S Unfortunately, it doesn’t just apply to football clubs but to all types of ‘business’, where the law seems allow crooks and conmen to run up massive debts, fold the company, and set up a new one the next day with virtually the same name and no sanctions.
really true that exile and is fact. know a vehicle repair garage in batley who just did that a few years ago. the fat con man owner told us exactly that the friday before it happened telling us his new address and phone number. |
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Bury deal collapsed looks like it's over for them I,m afraid.
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Looked liek publicity seeking to me as stated ealier in the thread. No one would buy Bury if they weren't a fan in their current state.
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It would need more than a fan. It would need a very, very rich fan who doesn’t mind spend several millions of his/her pounds, with no prospect of any return, taking on a risky mortgage, and doesn’t care to think too hard about such things.
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There were a few options and offers floating around.
One local businessman who openly admitted he know nothing about football etc was prepared to chuck £750k at it for the sake of the community. This lunatic / current owner has delusions over value but I have to say I’m shocked the Campbell bid has failed. |
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Unfortunately I'm not shocked they've pulled out, the timing of the bid seemed very odd - almost as if Dale was just running the clock down
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Joseph Cala who claimed he purchased Morecambe but failed a fit and proper person test (think he tried to buy Portsmouth as well, he also took a Italian club to the cleaners ) is now trying to do a deal with Dale.
Dale just confirms today he has turned down 2 offers from Cala but they are close to agreeing a 3rd offer if Cala pays him what he’s due. Selling it to Cala could be the ultimate insult |
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The EFL needs to do the right thing, stick to its deadlines and allow both these clubs to fold so the fans can begin the process of setting up Phoenix fan owned clubs.
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Pay him what he’s due ?
Would that be £1 ? |
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Cala is the one responsible for Gateshead being refused their licence to play in the National League last season, there's no way the EFL can possibly allow him to buy another club surely??
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Bury have been kick out of the EFL 😔😔😔😔😔
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Sad news about Bury:
https://www.efl.com/news/2019/august...gue-withdrawn/ Not much better for Bolton; https://www.efl.com/news/2019/august...drawal-lifted/ Good luck to both sets of fans. Presumably there will be moves to set up a phoenix club but I wonder what the situation is with ground ownership. |
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Bolton have until the 12th September to sort their deal or face the same fate as Bury 😔😔
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Absolutely GUTTED for the fans of Bury FC. Totally gutted.
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134 years of HISTORY has just been pi$$Ed away by not only the EFL....but a pair of Conmen who have systematically ruined a club. Inside a fortnight..a founder member of the league will probably follow suit. Bury are the first of the "domino" effect that will surely follow. I despair that "pontificating" pricks like you have a voice. Engage your brain before hitting the keyboard !!!! |
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What a damn shame for Burys fans, brings back 62 to me.:(
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Bury, if you can believe Dale, was bought off a property developer for £1 but the ground has a mortgage for £3.6m, apparently held by Capital Bridging Finance Solutions Limited. https://www.capitalbfs.co.uk/about#OUR-TEAM Just hope that Bury Council make it as difficult as possible when the planning application for housing development on Gigg Lane is proposed. If not already done, first thing would be to make the ground an Asset of Community Value, and then designate it open space in the Local Plan. |
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This is so so sad for all Bury FC supporters.......:o
I don't know much about how a business is run or about the financial world. What I do know is that there are several thousand Bury people going to be stopped supporting their club through no fault of their own!:idunno: It seems to be clear to me that these' businessmen' who buy clubs are not properly vetted or monitored properly in the way that they run their football clubs. People refer to this 'Fit and Proper Test' that the EFL apply initially but surely this should be an 'on going' monitoring process. If it is clear that the businessmen do not run a club properly then there should be a process where they could be removed long before the situation becomes so dire!:gif_12: IMHO 'business' is A high risk world and in manufacturing or services competition is high and some businesses will go out of business. IMHO Football clubs are not the same sort of 'businesses' but instead are 'Community Projects' that help people to have a focus in life where they can come together for the common good.:theband: RISE UP BURY AND RETURN!:mosher: It took STANLEY many years but we returned and so can you!:mosher: KEEP THE FAITH!:mosher: |
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Dont wish Bolton any harm, but seems very odd to me, how the bigger club gets 2 weeks longer to sort it out?:confused:
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Very sad news indeed, as others have said :(
All we can hope for is in years to come - soon I hope - that Bury FANs will have a Club to watch and support!!! Up the Shakers :) :) :) :) |
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Looking like Bolton will be ok now, just announced that their sale has gone through within the last few minutes
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Some good news at last!!!!!!!!!!! :)
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Thats good to hear also shows the calibre of Bury fans who are glad for them.
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how about the idea of cheap entry at the weekend for bury season ticket holders. shows our support for them plus it gets stanley a bit of good free publicity. you never know some could stop with us. salford rugby club are doing this for their game.
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£10/5 entry for Bury ST holders would be a nice gesture until such time as they resurrect a fan’s club. |
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We certainly don’t want to be seen to gain at the expense of Bury’s sad expulsion from @EFL but based on the tweet by Chris @cjsmiffy1978 any Bury fan who bought a match ticket for their game this weekend v @drfc_official are more than welcome to come to the @ASFCofficial match day ticket office on Saturday and swap for a Stanley v @MKDonsFC match ticket at no extra cost - you are more than welcome to wear your Bury FC shirts and scarves and join the Stanley Ultras on the @FarleysLaw Clayton End or sit with families in the seated area of the @HML_Recycling main stand. Both clubs have supported each other in the hardest of times and we think this is the least we can do for our friends from Bury.... #FootballFamily |
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i think thats a great move from our club.
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I find it hard to belive anyone would have bought a ticket for Bury v Doncaster.
I feel worse for anyone who boughgt a season ticket. |
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Burys debt was far too big for anyone with a brain to take it on; the best solution all around was for the EFL to stick to one of its deadlines (at last) and allow the club to fold so the fans can begin the re-build of a Phoenix club. football clubs have to pay the bills, they are not a charity. One of the groups who contributed to the situation at Bury but appear to be getting no scrutiny is the banks (think it was Barclays?) and investors who took the ground and car park (land) as collateral for funds; what where they thinking? While all creditors need to be paid back in full, lending money to such people against such assets should have set off alarm bells. In such circumstances of bad judgement, it could be argued the investors deserve what little return they will get from the ground and land sale. I will let the forum administrator decide if they will request you to provide me with a full apology for your outburst. |
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[QUOTE=Chewbacca;1231041]I find it hard to belive anyone would have bought a ticket for Bury v Doncaster.
actually i heard from a reliable souce who knows a bury season ticket holder who got his money back for his ticket a few weeks ago. |
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Bolton have played Ipswitch, Tranmere, Coventry, & Wycombe with a depleted squad, by the time we play them they will more than likely be back to full strength, I don’t see this being fair,
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Do Bolton keep there -12 point penalty?
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I agree but it’s a good point and legally would be an interesting case. It’s going to be hard for Stanley to stay up this season, if Bolton take the last relegation place instead of us then I for one will be glad they got the -12 points. While I don’t wish long term damage on Bolton, it’s only fair they get punished for their failings. |
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You are a joke. You try and fool folk that you are in possession of "facts". Your "factual" analogy of what has happened at Bury doesn't go anywhere near to scratching the surface of what has really transpired at Gigg Lane in recent years. It is actually way wide of the mark and quite insulting. When it's reported that the S.F.O. ( that's SERIOUS FRAUD OFFICE ) are looking into the Pandora's box of all recent financial undertakings at Gigg Lane. your " PONTIFICATING " comments and yes....I've used that word again....are the irrelevant ramblings of an attention seeker. When you don't know what you're talking about or are not actually in possession of factual evidence..... you should learn to keep your mouth SHUT !!! Ban me if you wish. I won't be making ANY apology to this idiot while I have any breath in my lungs. :mad: |
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I’m glad we sorted that out
I am aware of some of the surroundings at Bury; such as the dubious creditor delay and deciding vote from a quickly formed holding company that are linked with Steve Dales daughters partner as the sole director. However, Steve Dale was doing no more than treading water while the titanic was sinking; the previous owner caused irreversible damage and Steve dale took a chance on what he must have known was a lost cause. Again, I won’t seek your apology, no doubt others will come to their own conclusions regarding your conduct. I’m glad that you finally agreed with my viewpoint despite the vitriol |
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On a brighter note, Steve Dale has put out a press release on the Bury website
Interesting read and I agree with him regarding the EFL; it does appear the EFL has had it in for him and Bury ; this is something others have also stated. Be good if Andy Holt and a few other owners can make the call for a new governing body of the leagues; EFL deserves to go bust. Not just for the Bury issue but for a catalogue of own goals and failures. |
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no fan has much time for the EFL. its not dislike for the sake of it but their actions over the time seem to rub fans of all clubs up.
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I'm not sure what the EFL in particular has done to harm stanley in the last 50 years.
Dale's statement show deluded denial and shame on the Bury for letting him the platform to spout such rubbish. |
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It was the FA who placed the transfer embargo until the PFA loan was paid off, which is normal. |
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If true - and ONLY if true - S**M............
https://www.thesun.co.uk/sport/footb...-80000-a-year/ If this is cheap journalism, then I apologise! :) :) :) |
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If it's true, it's a bit crass to say the least but then again the article is in The Sun so I do wonder how much credibility there is to it
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Fair play to Neville, Bury aren’t going to be using it anymore after abusing it so Salford may as well try and get in first.
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Fair play and one of those 2 brothers dont go in same sentence Dav far as it goes with me.
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Neville has done nothing wrong. |
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[QUOTEI suspect it had as much, if not more to do with Bury not being able to pay the rent.][/QUOTE] Dave's right Exile! I've been told the same City only payment was that Bury looked after the facility ie up keep and maintenance ,I guess once Bury got in to financial Difficulty they we're asked to leave.
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Thanks, Mab.
Fair dos, Davo. Still find it hard to admire both Neville brothers. |
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