Bury fans club AFC start a new life in NWCL

Sorry, I’ve only been paying half attention to this. When people say we should “save” Bury do they mean we should write a check/assume the debt of the (presumably) rich guy who owns the team? Why should we do this?

I know we lent them the training ground that they promptly let fall into disrepair. Am I missing something here?
 
I think the only solution is the FA writing in new laws that give them the power to take clubs off owners in the event of unpaid wages, administration etc. Otherwise there really is nothing that can be done that isn't just helping the corrupt chairman that got them in the problem in the first place.

If the league could "repossess" the team and then look to find a new owner to take on the debts, then it would be a hell of a lot easier for other clubs to help out as they could pay down some of the debt without the issue of helping the dodgy owner and inflating the value of his business
 
BigOscar said:
I think the only solution is the FA writing in new laws that give them the power to take clubs off owners in the event of unpaid wages, administration etc. Otherwise there really is nothing that can be done that isn't just helping the corrupt chairman that got them in the problem in the first place.

If the league could "repossess" the team and then look to find a new owner to take on the debts, then it would be a hell of a lot easier for other clubs to help out as they could pay down some of the debt without the issue of helping the dodgy owner and inflating the value of his business
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Bit dodgy legally that. I'd like to see league 1 and below bring in the 50%+1 model from Germany, think it would give the clubs a lot of much needed financial stability. Maybe a version of the Spanish minimum liquid capital rule in the leagues above.
 
BigOscar said:
I think the only solution is the FA writing in new laws that give them the power to take clubs off owners in the event of unpaid wages, administration etc. Otherwise there really is nothing that can be done that isn't just helping the corrupt chairman that got them in the problem in the first place.

If the league could "repossess" the team and then look to find a new owner to take on the debts, then it would be a hell of a lot easier for other clubs to help out as they could pay down some of the debt without the issue of helping the dodgy owner and inflating the value of his business
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Isn’t this just going to allow dodgy owners to do what they like, rip the club off, knowing that someone else will just come along and recover the mess?
 
aguero93:20 said:
Bit dodgy legally that. I'd like to see league 1 and below bring in the 50%+1 model from Germany, think it would give the clubs a lot of much needed financial stability. Maybe a version of the Spanish minimum liquid capital rule in the leagues above.
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American sports kind of have it (although they have a weird monopoly system in general) but I think they absolutely have the authority to do it if they get approval from the FL teams? It's not ideal but it's better than having terrible owners given the ability to bankrupt clubs while refusing offers like Dale seems to be doing. At the moment it seems like you have the "fit and proper" test to buy the club, then that's it, once you've passed it your free to do whatever you want and they can't stop you.

I'm not sure whether the whole "supporter owned" thing would really work here, as there are so many clubs and they aren't hugely supported. Do someone like Bury really have enough fans to own 51% of the club, in a stable way? I don't know. I think there are a lot of clubs in England who are worth a lot more than their fanbase can really justify, because of how much money their is in the English game. I could be way off on that tbf
 
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Fred_Quimby said:
Isn’t this just going to allow dodgy owners to do what they like, rip the club off, knowing that someone else will just come along and recover the mess?
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They already can and do do that, the rules already don't hold them personal financially responsible for the clubs debts, hence why this happens to much (Portsmouth, repeatedly). That's why you get so many clubs being sold for £1, just to pass the debt along to someone else. Normally the owner just agrees to hand over the club and the debts, but it seems Bury's owner is still trying to demand a fee to buy his bankrupt football club.
 
BigOscar said:
American sports kind of have it (although they have a weird monopoly system in general) but I think they absolutely have the authority to do it if they get approval from the FL teams? It's not ideal but it's better than having terrible owners given the ability to bankrupt clubs while refusing offers like Dale seems to be doing. At the moment it seems like you have the "fit and proper" test to buy the club, then that's it, once you've passed it your free to do whatever you want and they can't stop you.
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Don't think the FL would have the ability legally to seize property, that only resides with the courts. As for the latter point they could always have brought in a fit for purpose version of FFPR that looked at the balance sheet and debt exposure...
 
Should there be a scheme like ATOL that covers for losses when a club goes bust? Something that every club pays into?
 
aguero93:20 said:
Don't think the FL would have the ability legally to seize property, that only resides with the courts. As for the latter point they could always have brought in a fit for purpose version of FFPR that looked at the balance sheet and debt exposure...
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Agreed on the second part, they should be a lot more vigilant of current owners behaviour instead of just deciding whether or not you can buy it in the first place.

I do think they would be able to seize property though if they put it in their rules regarding administration. If the Football League put it in their laws that if a club enters administration, the football league become the legal owners of the club until a takeover can be arranged, I don't know whether that would be illegal, if the clubs signed up to it. They already have a bunch of "laws" governing the game that don't really fit in with normal business (FFP, the EPPP, the fit and proper persons test, the weird rules meaning football debts have to be paid before non-footballing debts etc)
 
Why is the owner now asking the public for money when all along he's said he has the funds available. The Efl asked for assurances for 1.6 million if necessary and he said he had it but didn't see why he should put it up just incase.very suss this Dale chap
 
Someone who buys a club for £1 and trying to sell it for 2 million is what Platini was on about in his interview on ffp “we don't want another Portsmouth” what he said these G14 club owers and that shit face Gill is why all these clubs are dying.
 
Remember, it's owner's like sheikh mansour putting money into football. That are ruining it not owners like Dale who are asset stripping and leaving clubs to die
 
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