The Official TFK Bury FC and other dead football clubs thread

The Shakers have come across my radar recently

all gossip and news in here

Got their flag nicked and their heads kicked in recently in Dublin. A great bunch of lads.

heads kicked in?

If Bury are ā€œthe Shakersā€, Shamrock Rovers are certainly ā€œthe Moversā€.

Milltown to Tolka Park to Dalymount Park to the RDS to Santry to Tolka Park to Richmond Park to Turnerā€™s Cross to Dalymount Park to Tolka Park to Tallaght.

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Ah thatā€™s a cracking post. Iā€™m giving that a like.

They moved fairly rapid in Limerick anyway. Away.

And a rovin, a rovin, a rovin Iā€™ll go

With a pair of black eyesā€¦

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Tough times for Buryites, with the club still to play a game in this season (should have 3 league games played) as the EFL doesnā€™t believe they have the money in the bank to finish the year out. They are not yet in administration at the moment but it all seems a right mess. Theyā€™ve a deadline of the 23rd of August to prove they can take part or be fucked out of the whole EFL pyramid. So presumably straight to the conference or out of existence altogether.
The club was bought last Christmas by a local businessman who agreed to pay creditors a % of their debt to avoid administration, but hasnā€™t even managed that. In the meantime players are owed their salaries etc. and the club have no income coming in. The new owner says heā€™d no idea the amount of debt the club had when he agreed the takeover which seems bizarre (and surely false) and the EFL supposedly lapsed on their due diligence in a effort to get the deal over the line because this chap hasnā€™t the funds at all.

The really really strange thing is they somehow managed to get promoted last year.
I canā€™t remember any other club going bankrupt in the summer after being promoted?

Meanwhile literally down the road, their nearest neighbors the once mighty Bolton started the league one season -12 as they went into administration, and two buyers are locked in a legal battle as one tries to stop the other from taking over. Best case scenario thereā€™ll be two clubs with -12 in league one this year. Possibly thereā€™ll be only 23 clubs in it at all.

There had been no EFL club go into administration since the 2013 season, and it was thought the stricter financial rules introduced then had had the desired effect. But itā€™ll likely be two this summer and with something like 18/24 championship clubs making a loss every year then the number will surely climb again.

Perhaps Bolton Bury Wanderers might be the solution.

Best of luck to the forums no.1 Shaker @Little_Lord_Fauntleroy in these difficult times

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English football is falling apart. Spuds will go bust when the arse falls out of the TV deal.

Bury need a saviour today or will be kicked out of the football league. The chairman is playing hard ball saying he wants half a million (down from closer to Ā£2 million apparently). He paid a Ā£1 when he bought the club first day last December. He says he has paid off some debts but itā€™s not really clear if he did or didnā€™t. The whole thing is a bit mad and your man seems shady as fuck.

EFL have admitted they didnā€™t do due diligence on him as the club was fucked last December before he came in and they just wanted it sorted. 43 of the 51 companies he has started have been liquidated :smiley:

Bolton and Bury have until 5pm today to sort a deal out. Bolton talks collapsed last night and it seemed they were on the way out of existence but they are hopeful again this morning a deal can be reached. Bury have a preferred buyer in place but they want more time to do due diligence and the EFL have said they canā€™t drag it out any longer

https://twitter.com/MrJS37/status/1165231398246109184

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Neville Neville must be turning in his grave.

image

BURY-ED ALIVE.

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ā€œAs part of our due diligence, we set ourselves a list of key criteria regarding the CVA, the ground and the overall financial state of the club that had to be met in order for us to be satisfied that we have enough knowledge to proceed with the takeover. The complexities involved in each of these matters escalated and continue to do so.

ā€œIt is therefore with regret that we have decided not to proceed with the takeover of Bury FC. This decision has not been taken lightly. We fully understand the importance of the club to the community and it is with this in mind that we have informed the EFL of our decision at the earliest possible opportunity.ā€

By the sounds of it they couldnā€™t even ascertain what was owed and the stadium is mortgaged so there isnā€™t even any underlying assets, canā€™t see anyone wanting to step in at this stage.
Doubt theyā€™ll be missed in reality. A nothing club for more or less the last 50+ years of their existence