Bury fans club AFC start a new life in NWCL

nmc said:
Where were the Bury boys Gary and Phil ? In their towns hour of need?
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What about billionaire Bury-born John Whittaker. A guy born into a family that built its wealth on the back of the blood, sweat and toil of working class folk from the town and surrounding areas.
 
Great shame.

So difficult now with the focus on the premier league and the money

Gtr Manchester is dominated by city and the other lot it must be really hard to maintain a fan base.

We have Oldham, Rochdale , bury, Stockport, Salford city, altrincham and Bolton all trying to retain fans , bread new fans and interest when within 10 miles you have two big clubs.
 
The Preacher said:
In our dark, dark days when the Club were in a perilous state financially - though never quite in the depths Bury (and Bolton) have found themselves in - my mates and I would discuss (hypothetically) what we would do if City went under and which other club, if any, we could support. We agreed that we could never see ourselves supporting any other club and that the whole terrifying prospect was something that did not bear thinking about. Bury will be ‘resurrected’ in some form and will no doubt play in some ‘minor’ league but this is a sad, sad day for the town and the fans who didn’t deserve the bent bastard who took over their club.
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I have no doubt that the bastard who took over Bury is bent but surely some blame has to be attached to previous owners and lenders too.

How does a club with 3k attendances run up debts of a reported £7-9 million?
 
Mraitch said:
This is a dark day for football.
I wonder if those clubs that drove the move to keep all home gate receipts and the formation of the premier league are pleased with the outcome.
The premier league hoovers up the lions’ share of the money.
The gap between the haves and have nots grows ever wider.
This could have been us 11 years ago but we got lucky.
Look what had to be invested over those early seasons in order to close the gap.
Now with FFP no other team can realistically do what we did.
It is all driven by greed by a small number of clubs and not the good of the game.
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UEFA recently brought in a "new owners" rule, because the ppl who bought the Milan clubs complained that it was impossible to invest. The rule basically says you can invest what you like, provided UEFA accept that you have a business plan which will bring you into profit in x? years. It worked for Inter but AC went tits up and is now owned by a US private equity fund.
 
moomba said:
The irony being that the season before it all went tits up, Leeds made a small profit and would have flown through FFP.

It was never about stopping your Leeds and your Portsmouth's.
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And along came that nice Mr. Bates to help them out.......
 
Salford_Blue said:
In his interview with 5 Live, Dale stated he wasn't a football person, had never been to Bury and never had any intention of doing so.

Just another day in business eh?

Shocking.
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I'm sure he passed the 'Fit and Proper' high bar the EFL set though.
 
This is awful news for the people that have lost their jobs, the fans and local businesses who depend on the club.

I do think it's unfair to single out people like the Nevilles (or us for that matter as some people seem to have done) and expect them to sort it out. It's nobody else's to job to come in and clean up this mess if they don't want to. The blame lies with the people that have run these clubs into the ground and the expect someone to come and bail them out. It's a failure of governance and i hope the governing bodies finally take notice.

As for Bury, I just hope the community can pull together and start the long road back. There's an opportunity to rebuild the club from scratch. With their attendances and proximity to the Manchester clubs, there's a ceiling on what Bury can achieve but if the fans are able to rebuild the club and manage their expectations then it could be the start of a great journey and one where they have a club they all feel truly proud of and connected to.
 
Awful news.

I've not read much on this but I'm guessing the guy who's mainly responsible for this is the owner (Day) who got them promoted but funded their promotion winning team by mortgaging the ground and by lending them millions from another business he owned which the subsequent owner fought to recoup despite buying Bury for £1?
 
City Hobgoblin said:
Fylde and Fleetwood are just clubs funded by pissed-off Blackpool fans.

Salford are a vanity project by people who can’t obtain ownership of the Rags.

Not proper clubs, just bollocks.
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No. I dont know about Fylde, but Fleetwood have a long history of local support. In about 1965 I attended their FA Cup 1st round tie against Rochdale. O-0 draw at Fleetwood, followed by 5-0 replay defeat. But bags of locals at the first game.
 
TheRemainsOfTheDave said:
What about billionaire Bury-born John Whittaker. A guy born into a family that built its wealth on the back of the blood, sweat and toil of working class folk from the town and surrounding areas.
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The fact he is a tax exile in the Isle of Man tells you all you need to know about his passion for the town of Bury. Yesterday was a very,very sad day for football.
 
Corky said:
Not allowed to be fair due to having league club. No one would onvest in Bury with any sense.

Starting again is the most sensible option financially, maybe they would get involved if in lower non-league.
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You can invest in more than one EFL club, provided your holding is no more than 29.99%.
 
A good post over on BV (which shows what a farce ffp is)
Imagine buying a small shop on the High St with a vision of challenging the bigger shop a couple of doors down one day. You invest your cash, and overtake him, but eventually the governing body turns around and says "Sorry, you're getting too big. Not only have you invested too much of your own cash, but we're going to fine you and reduce your ability to compete by limiting the number of employees you're allowed for a couple of years".

Would anyone in their right mind, genuinely interested in growing a business and not asset-stripping or making a fast buck themselves, even get past discussing that with a mate down the pub?
The 72 EFL clubs owe £338m between them - how will they ever pay it back? An EFL club can lose £13m over 3 years - how is a business performing that badly ever going to pay that back without promotion or outside investment?
 
First club I ever visited with my dad way back almost 60 years ago. I think it was Wolves. Gutted for the town, club and of course the supporters.
 
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