Bury Football Club default on plan to settle outstanding debts

[safctopcat]

Bury default on plan to settle debts

Bury default on a plan to help settle their outstanding debts, an insolvency firm appointed by owner Steve Dale confirms.

www.bbc.co.uk

 

[Ghfd]

Are they playing at any level this season?

 

[Grumpy Old Man]

Are they playing at any level this season?

No. Breaching a CVA means they'll almost certainly be liquidated now, and have to come back as a phoenix club in tier 8 or 9.

 

[gipetto]

Are they playing at any level this season?

I heard a rumour that The Championship have accepted them, it would mean two teams are being promoted from league one this season iirc.

 

[Ghfd]

I heard a rumour that The Championship have accepted them, it would mean two teams are being promoted from league one this season iirc.

I was keeping that one till April

 

[DJM]

So owner steve dale appoints an insovency firm who confirm that the tight bastard is keeping hold of all of the finances to line his own pockets when the club disappears?
Did anyone predict that outcome?

 

[glen]

So owner steve dale appoints an insovency firm who confirm that the tight bastard is keeping hold of all of the finances to line his own pockets when the club disappears?
Did anyone predict that outcome?

Do you reckon this was his plan from the beginning since he bought the club for a quid. He comes across has a bumbling idiot, but did he have no intention of saving the club? He has a long history of "failed" businesses.

 

[Father Jack Hackett]

So owner steve dale appoints an insovency firm who confirm that the tight bastard is keeping hold of all of the finances to line his own pockets when the club disappears?
Did anyone predict that outcome?

He's a proper whopper that lad. The way he was on the radio constantly trying to garner sympathy for himself was cringeworthy.