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‘Bury FC owner to pass club onto the next suitor’
Posted on Tuesday, 13 August 2019 11:58
Struggling professional League One team Bury Football Club (FC) could soon change hands as staff have issued a statement urging owner Steve Dale to sell amid turmoil at the ground.
The North Manchester side is weeks away from being kicked out of the English Football League (EFL) if it does not provide evidence of how it will meet commitments to creditors, outlined in its company voluntary arrangement, otherwise known as insolvency.
Yesterday, staff confirmed that an offer for the sale of Bury FC has been tabled and is believed to be a good deal.
They added that Dale has been informed of the bid, believed to be the only lifeline left for the future of the team; they are waiting to hear back from the owner and are urging him to accept the proposal.
Shortly following the statement, the businessman, who bought Bury FC in December last year, spoke to BBC Radio Manchester, saying he is happy to pass the club onto the next custodian for an agreed consideration and if they are the right fit for the team.
The side is yet to play a game this season after League One matches against MK Dons and Accrington, as well as today’s planned match against Sheffield Wednesday, have all been suspended.
In addition, the upcoming game against Gillingham, due on 17th August, is also in question as if Bury FC cannot provide the required financing plans today, this match will also be suspended.
According to the BBC, EFL executive chair Debbie Jevans has said: “We remain disappointed that we are still not in a position to reach a successful conclusion with Mr Dale, but will continue to work diligently in an effort to receive the information we require.”
The club has until 23rd August to resolve the issue or risk being expelled from the league; however, within hours of being set this deadline, Bury FC said it has received a takeover offer.
It was promoted to League One from League Two last season, although - in light of the recent turmoil - has seen five key players leave to join Plymouth Argyle, with manger Ryan Lowe, assistant Steven Schmacher and other key staff also departing the Gigg Lane ground in favor of the Devon side in June.
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