Bury on brink of going bust

Bury chairman Brian Fenton says the club will go out of business in days unless they get £1million of investment.

Last Updated: 10/04/13 at 18:33 Post Comment    Bet with SkyBet  Sky Bet League 1. Click here to bet.

Bury: Need to raise £1million or face going out of business

Bury: Need to raise £1million or face going out of business

Fenton has pleaded for help from local businesses, with directors putting an SOS plan together as they try to save the club.

Fenton said in a statement: "As you are well aware, Bury FC has been experiencing financial difficulties all season and we are currently in a transfer embargo imposed by the Football League because of our short-term loan from the Professional Footballers' Association.

"At this moment in time the situation is now critical, we are quickly running out of money by trying short-term fixes that are not working long term.

"The club desperately needs £1million of external investment to secure the long-term future of the club.

"Without this investment the club will cease to trade and there will be no more professional football played at Gigg Lane.

"We are looking for a number of people, local businessmen or women to join a consortium and invest £100,000 each, with a guaranteed payback.

"If you are interested please call the club and we will explain in detail our business plan. We need you now because I repeat the club will close.

"We have a responsibility to all of our staff, players and creditors to not allow the situation to get any worse.

"This plea is serious; if you can help us and at the same time enjoy a return on your investment please contact the club."


Click here for completely free £10 bet with Sky Bet


Bet with SkyBet  Sky Bet League 1. Click here to bet.

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

I

may well get slated by other United fans for this, but out of the three contenders, I'd far prefer Liverpool to win the title. Yes some elements of their fanbase can be a bit OTT, yes they're our biggest rivals and yes it will make our poor season feel even more like the end of an era (Fergie's gone, Liverpool are back on top). However I just have to applaud Brendan Rodgers and the way he's turned Liverpool around in just a couple of seasons. It...

Mike_Christie
Please Stop Telling Us What To Think

H

ooray! We are all excited now, we beat a very mediocre team! With all due respect to WHU supporters, not winning that game shouldn't even be a consideration. This is the problem, there is no winning mentality at the Emirates - we're all congratulating ourselves beating a team that we have a winning record against.

TheWhiz
Wenger hails important win

I

s this meant to be an aspiration for United supporters? Moyes mediocrity strikes again. I see the Bayern boys don't want to sign for him, and his reputation amongst the senior European coaches make other key signings unlikely.

redbornandbred
De Gea's Europa League target

Footer 365

Premier League: Steven Gerrard hopes 'phenomenal' Brendan Rodgers enjoys long Liverpool reign

Captain Steven Gerrard has hailed Brendan Rodgers as "phenomenal" and hopes the manager can build a legacy at Liverpool.

World Cup 2014: Jack Wilshere in good shape for England, says Arsenal boss Arsene Wenger

Arsenal boss Arsene Wenger is confident England midfielder Jack Wilshere will be in good shape for the World Cup.

Premier League: Chelsea's Jose Mourinho 'congratulates' officials after loss to Sunderland

Chelsea boss Jose Mourinho fired a thinly-veiled criticism at the officials after the 2-1 home defeat to Sunderland.

Mail Box

Kieran's Not The Only One Keeping Notes

Another chap in the mailbox has been keeping notes on comments made by optimistic Man United fans. Plus, Garey Vance is offering a double-or-quits on his new tattoo...

Mignolet Is The Reason For Liverpool Flying

Mignolet's bad kicking is the reason for Liverpool's success, whilst one man keep notes on F365 mails. Plus England excitement, Arteta and a bad Walsall experience...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property