Bury under transfer embargo

Bury have announced that they have been placed under a transfer embargo by the Football League.

Last Updated: 10/12/12 at 13:44 Post Comment

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

The struggling Shakers are currently prevented from making any new signings until they have fully repaid a short-term loan provided by the Professional Footballers' Association.

Bury were forced to approach the PFA after experiencing "cash flow issues", but they hope to have paid off the laon by mid-January.

A statement on the club's website read: "The chairman and directors have been working tirelessly to bring in new investment in to the club having financed the day to day running of the club over a number of years.

"We are like a large number of other football clubs experiencing cash flow issues, and to that end the club have negotiated with the PFA a temporary short term loan which is to be repaid in mid-January 2013.

"Until the loan has been repaid the club has been imposed with an embargo in registering new players. As we speak we cannot register any new players until the 1st January 2013 under league rules.

"The embargo will extend that block on signing new players until this loan is fully repaid to the PFA. The board would like to assure all supporters that this is only a temporary issue."

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

F

irst Townsend, now Chiles. What next ITV? Comedy that you can actually watch without vomiting up your own spleen? I'll be sad to see Matt Smith go though. I actually quite like him. Plus, he was good in Doctor Who.

sailingmagpie
Adrian Chiles to leave ITV

H

e's like Jay from Inbetweeners. Could've had him, had him, didn't want him, turned him down.

lee
Wenger criticises work permits

A

wful, awful pundit. He was crap on BBC, and offered a little more analysis than Robbie Savage - apart from the delivery of banality in a sexy accent. Also, as I'm Irish he'll never be more then a slimy, hand-balling f**ker in my eyes.

batdog
Football People On TV: Thierry Henry

Footer 365

Transfer news: Sam Allardyce unsure whether Darren Fletcher will join West Ham

Manager Sam Allardyce admits he is unsure whether Darren Fletcher will choose to join West Ham or another club.

Transfer news: Wigan close to signings of Chris Herd from Aston Villa and Jason Pearce from Leeds

Wigan are close to signing Aston Villa's Chris Herd on loan and Leeds' Jason Pearce permanently, Sky sources understand.

Transfer news: Arsene Wenger expects Gabriel Paulista to sign for Arsenal within 24 hours

Arsene Wenger expects Arsenal to complete the signing of Villarreal defender Gabriel Paulista within the next 24 hours.

Mail Box

Appalling, Slow, Pathetic, Embarrassing

It's a bonus Saturday Mailbox, with plenty of reaction to the most alarming 0-0 draw in Manchester United's recent history. At what point do we worry about Louis van Gaal?

Why Do Man United Look So Impotent?

It's all very well talking about formations and United's defensive problems, but shouldn't their expensive attacking options be doing better? And we talk psychology...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company