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Bury - EFL to discuss re-entry to L2 | and Bolton - sold
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Terrible news for their fans and the people associated with the club. Same goes to Bolton.
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Would also be illegal
Almost every financial ‘dodgy’ club has an issue with the ownership of their ground, whether due to it having been used as security or the ownership of it, either legal or equitable, having been divested in a third party (usually the current, failing owner).
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Absolutely gutted for Bury fans.
What an absolute fat rat pr*ck that Steve Dale is.
What an absolute fat rat pr*ck that Steve Dale is.
What a sad, sad day for football. I was 11 in 1992 when Maidstone went under so this will be the first liquidation of a current league team I'm old enough to understand.
And no matter how hard you think about it, a club running for 134 years then getting thrown out of the league the season after promotion is just tragic.
I'm praying for a last minute miracle for both Bury and Bolton and I really hope they aren't the first of many - football is more now than ever 'top heavy' when it comes to money - but I'm not holding my breath.
And no matter how hard you think about it, a club running for 134 years then getting thrown out of the league the season after promotion is just tragic.
I'm praying for a last minute miracle for both Bury and Bolton and I really hope they aren't the first of many - football is more now than ever 'top heavy' when it comes to money - but I'm not holding my breath.
43 of the 51 companies Steve dale has been involved in have been liquidated. What happened to the fit and proper person test the football league have?
Jail that cnut.
That sux donkey balls.
That is absolutely outrageous.
Does it mean that Bury FC will be liquidated?
City fans will no doubt accuse me of bitterness here, but what's happened to Bolton could easily happen to them too, if Mansour ever pulled out.
Bolton relied on a wealthy backer for years, overspent on players their attendances and revenues couldn't justify, and are now paying for it.
Exactly the same thing happened to Leeds, Portsmouth and various other clubs and it's just a crazy way to run a business.
All the pundits falling over themselves to praise City and Guardiola should think about what the club represents, and how dangerous it is.
Anyway, let's hope Bury and Bolton can pull something together. Both clubs are fulcrums of their community and mean so much to the people who follow them.
Bolton relied on a wealthy backer for years, overspent on players their attendances and revenues couldn't justify, and are now paying for it.
Exactly the same thing happened to Leeds, Portsmouth and various other clubs and it's just a crazy way to run a business.
All the pundits falling over themselves to praise City and Guardiola should think about what the club represents, and how dangerous it is.
Anyway, let's hope Bury and Bolton can pull something together. Both clubs are fulcrums of their community and mean so much to the people who follow them.
Wow, that's a shocking record. Do these FA or whoever is the responsible organization dont do any tests before allowing these people to control the clubs?
sad times for Bury, used to go , when I lived near the ground, looks like they will be kicked out now.
Looking at Bolton now , have family that work there , owed months and months of wages.
Looking at Bolton now , have family that work there , owed months and months of wages.
Again, THE LEAGUE CAN'T STOP PEOPLE BUYING STUFF, all they can do is remove the club's registration, which is what they are doing because the test was never passed.
Problem is this slimeball probably banked on it and had absolutely zero interest in the club surviving, just wanted the assets. Without registration, it's exactly that, a bunch of assets. It probably makes it even easier to do away with commitments with players and staff. They can all go home now.
The main asset is the stadium and the land it is built on. The Council can make this guy's life hell by not issuing permits on any sort of development. Problem is, with the club gone you are effectively creating a derelict mammoth and sooner or later they'll have to give in because that's no good for anyone either.
He now just has to sit and wait, basically.
He now just has to sit and wait, basically.
Disgusting piece of work this bloke is.
So what happens to league 1? Will they have 22 teams? Does that change promotion from league 2 to enable more spots to come up this season?
Did they cancelled games allocate points to the teams they were facing?
Did they cancelled games allocate points to the teams they were facing?
Think I have read, bury will be expunged from the records for this season, and there will be one less relegation place this season.
City are going to gain a few fans.
As not nice as it sounds to me as united fan, city is run very smart by all aspects, they have maybe best academy in england, best training centre, not overpaying wages actually. Sheikhs invested their money really well and i have feeling they could became easilly not dependable on them in few years. TV money is so crazy in PL. Would be really hard to take them down from there. Hopefully pep starts to be bored there soon.
No matter what you might think they can't anymore. just like Chelsea. They are big enough now to even get sponsors not related to their owner. Chelsea hasn't been given much money this days by Roman. Big enough to make money off commercial deals and have players on the books that can cost a pretty penny.
Every football fan should be devastated by this, two historic club's going out of business at the same time.
Unfortunately I feel this will be the first of a new wave of struggling football clubs until the money filters down from the top in a fairer way.
Unfortunately I feel this will be the first of a new wave of struggling football clubs until the money filters down from the top in a fairer way.
The premier league doesn't care about what happens in the lower league. They broke away for that very reason. Better deals, more control, more money.
City are probably too big for it to happen, similar to Chelsea. City's wage structure is pretty solid, they don't pay astronomical wages. Obviously their income is inflated with the deals with Etihad etc but barring that their revenue stream is pretty decent in terms of CL money, PL prize money and TV rights. If the owner did walk then they could just sell their big players for huge money and continue as a mid table club. It's much harder for a big club with big assets to fall in this situation as opposed to a smaller club who's best players won't be worth much.
Yup, agree with this.
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Funny how he has Jim White's catchphrase in his Twitter bio
that cnut Dale will end up as PM one day.
Both clubs will survive.
Not seeing much wrong with that? I mean, it is a deadline. The football league set it.
Sucks for their fans first and foremost, but feck sky for reporting on news, I guess?
Have to strongly disagree.
No way should the Premier League or the clubs give money to crooked owners or fund sheer incompetence. You cut your cloth according to the TV deals, sponsors and gate receipts/merch.
If an owner wants to asset strip a club it would foolish in the extreme to fund that.
What should happen is more safeguards in terms of rules so clubs can be used to fund other crap or gamble the club away.
If there's something viable about the club it will carry on and survive just like any business.
More money just means more money to steal or misuse.
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It would make more sense that they are considered last and one less team gets relegated. Wouldn't be fair to relegate the same number of teams + Bury, someone would be getting screwed there.
There isn't one or it isn't adequate.
Bolton were playing in the UEFA Cup against Bayern not that long ago. How they have fallen.
You are right. Plus Abramovich did the 'smart' thing in setting up a trust fund three years after his takeover. The Premier League clubs, certainly the top six, have become too big to 'do a Leeds'.
Yeah you're right, that's what they'd aim to do. They've generally bought well and don't have too many Sanchez-esque players stuck on huge wages, so they could manage the firesale quite easily.
As you suggest, it's easier for the bigger clubs than the lesser ones who are often buying over-the-hill stars and paying them far more than they're worth.
Still, it's a crappy way to achieve success and shouldn't be copied or applauded IMO.
Anyway, back on topic - you'd imagine that both Bury and Bolton can rebuild. Bolton could start again and would probably eventually rise back to League 1/Championship - that's their natural level. Bury will probably lose a lot of fans to Salford so you could see them staying non-league.
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Brutal as it is, I agree with you here.
The reason Bolton are in a mess is that they signed players they couldn't afford through gate receipts and commercial activity. The club simply wasn't big enough to support the players it signed in the Premiership. They were at the mercy of the owner and had no back-up if (as eventually happened) he decided to pull out.
Bury have been struggling for years. I remember their fans collecting money in buckets outside Old Trafford back in the 90s (think it was the treble season).
Maybe the answer is for all clubs below the Championship to go semi-pro, or have the option of doing so. You've got to wonder whether we can support so many professional clubs in a country which is becoming more metropolitan with each passing day.
As you say, there should be a proper set of rules in place, governing things like income/expenditure ratios, asset leasing, maybe even a wage cap. The football league needs to get its house in order.
Well bury didn't play any games, so there's no records to amend.
Bolton are the difficulty as they've at least played on. So a few teams including my boys will lose points.
However compared to their disaster, a lost 3 points is a mere scratch.