Depressing, yes, very depressing. Tragic, no.
Tragic means to cause distrress and great sorrow so for Bury fans it is tragic.
If we would have lost to gillingham and spent another season or two in the 3rd division, there is a chance we would have gone the route of many clubs and took years too revive ourselves or go bust.
There are always risks involved in managing any business but what has happened at these two clubs is just madness.
This isn't about risks when it comes to these ****s.
These businessmne prey on clubs in difficulty, buy them cheap, secure loans and payments knowing full well they will go into administeation and they will not have to pay a penny back, all the while they , in some cases have a nice bit of property to sell on or lease back to the club for more profit.
It is a clear business stratergy, but not one based around the club becoming a successful entity.
Too many owners are in it for ego and quick cash geab, it is very rare you get, for example a Coates family that took Stoke when they were on their arse and going bust and invest witht he aim of saving them and putting them on decent footing.
The light they have is that they are not dead yet as a club, just out of the league, maybe this bellend will now cut his losses and sell and they can work their way back up through the non leagues.