Bury | Promotion Contenders… But Not Paid!
Bury, are in a great posistion in EFL 2, currently sitting 3rd in the league and in an automatic promotion spot, despite being beaten 3~0 by Cambridge at home, yesterday evening.
Following the clubs relegation last season from League 1, they have bounced back impressively under the guidance of former player Ryan Lowe and are strong contenders to bounce straight back up.
However, this success has been achieved against the back drop of a club take over and some severe financial restrictions placed on the club, as a result.
On the 11th December, Bury announced that Steve Dale, a local business man, was the new owner, who outlined his vision for Bury
“I’m delighted to have taken over this historic club. My initial plan is to establish Bury as a stable and self-sufficient League One side.
“I want to re-establish the club in the local community by investing time and resources to something that is vitally important to football clubs.”
Just this week, Bury announced that a winding up order to close the club down had been successfully dismissed, with Steve Dale, stating that the clubs cash flow problems, date back to when he took over the club, from the previous ownership.
These cashflow problems have led to the players and staff not being paid, as well as the fans being advised that for the game against Cambridge, that entrance would be cash only due to problems with the credit card machines
It is not known if this arrangement was with Zebra Finance who are known to have issues of their own, which affect several other football clubs both in England and Scotland.
What is certain is that Steve Dale is doing his best to stabilise Bury, and has already introduced a partnership with a renewable energy firm, which should inject some funds into Bury.
So Bury, could be promotion contenders and lets hope they get paid soon.