28-08-2019, 06:48
EFL STATEMENT ON BURY FC
"The EFL have confirmed that Bury FC have been expelled from the Football League and had their membership withdrawn.
It is claimed by the EFL that the necessary evidence in respect to how the club would meet its financial commitments had not been provided after 'repeated requests to its owner Mr (Steve) Dale over a sustained period of time'.
Bury had their expulsion deadline extended from last Friday to 'explore the possibility of a proposed sale' with C&N Sporting Risk Limited after Dale accepted the analytics company's offer. However, following due diligence, the company declined to pursue the interest further.
A statement from the EFL has since explained: "Therefore, having fully considered all available options, including a number of late expressions of interest provided to the EFL, the EFL Board has unanimously determined with enormous regret that Bury’s membership be withdrawn.
"The EFL Board had maintained that there could be no further suspensions to the fixture list and that these ongoing concerns and the integrity of the competition were a significant factor in the decision.
Recent events have highlighted how decisions taken at Bury FC over the last few seasons have caused the Club and individuals close to it significant financial distress and there are a number of matters which, in our view, will require further investigation.
"League One will now comprise of 23 Clubs for the remainder of the campaign and relegation places in the division reduced to three, which will result in a full complement of 24 Clubs in 2020/21. A discussion will take place with EFL Clubs on the consequential impact in League Two when Clubs next meet in September 2019."
EFL Executive chair, Debbie Jevans, has added:
“Today is undoubtedly one of the darkest days in the League’s recent history. The EFL has worked determinedly and tirelessly to avoid this outcome and it is with a heavy heart that this situation has been forced upon us. The EFL has to place the integrity of our competitions at the heart of every decision we make, and we simply cannot allow this unacceptable situation to continue or countenance the prospect of postponing further fixtures.
I understand this will be a deeply upsetting and devastating time for Bury’s players, staff, supporters and the wider community. There is no doubt today’s news will be felt across the entire football family.
No one wanted to be in this position but following repeated missed deadlines, the suspension of five League fixtures, in addition to not receiving the evidence we required in regard to financial commitments and a possible takeover not materialising; the EFL Board has been forced to take the most difficult of decisions.”
Neightbours Bolton Wanderers have been given a further 14 days to try and complete a takeover that would save it from expulson.
"The EFL have confirmed that Bury FC have been expelled from the Football League and had their membership withdrawn.
It is claimed by the EFL that the necessary evidence in respect to how the club would meet its financial commitments had not been provided after 'repeated requests to its owner Mr (Steve) Dale over a sustained period of time'.
Bury had their expulsion deadline extended from last Friday to 'explore the possibility of a proposed sale' with C&N Sporting Risk Limited after Dale accepted the analytics company's offer. However, following due diligence, the company declined to pursue the interest further.
A statement from the EFL has since explained: "Therefore, having fully considered all available options, including a number of late expressions of interest provided to the EFL, the EFL Board has unanimously determined with enormous regret that Bury’s membership be withdrawn.
"The EFL Board had maintained that there could be no further suspensions to the fixture list and that these ongoing concerns and the integrity of the competition were a significant factor in the decision.
Recent events have highlighted how decisions taken at Bury FC over the last few seasons have caused the Club and individuals close to it significant financial distress and there are a number of matters which, in our view, will require further investigation.
"League One will now comprise of 23 Clubs for the remainder of the campaign and relegation places in the division reduced to three, which will result in a full complement of 24 Clubs in 2020/21. A discussion will take place with EFL Clubs on the consequential impact in League Two when Clubs next meet in September 2019."
EFL Executive chair, Debbie Jevans, has added:
“Today is undoubtedly one of the darkest days in the League’s recent history. The EFL has worked determinedly and tirelessly to avoid this outcome and it is with a heavy heart that this situation has been forced upon us. The EFL has to place the integrity of our competitions at the heart of every decision we make, and we simply cannot allow this unacceptable situation to continue or countenance the prospect of postponing further fixtures.
I understand this will be a deeply upsetting and devastating time for Bury’s players, staff, supporters and the wider community. There is no doubt today’s news will be felt across the entire football family.
No one wanted to be in this position but following repeated missed deadlines, the suspension of five League fixtures, in addition to not receiving the evidence we required in regard to financial commitments and a possible takeover not materialising; the EFL Board has been forced to take the most difficult of decisions.”
Neightbours Bolton Wanderers have been given a further 14 days to try and complete a takeover that would save it from expulson.