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

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


Related News

Most Commented

Readers' Comments

T

his is brilliant! All these years of moral ambiguity, grey areas of offence and context..now we have a simple, easy to follow guide to right and wrong. What did you do today? I kicked the face off a panda . Oh well, you didn't rape, kill anyone or abuse a minor, knock yourself champ.

megabrow (cufc)
Redknapp leaps to Mackay defence

I

wonder if he'd feel the same way if he wasn't a white, non-jewish heterosexual male. Because Mackay has basically insulted everyone else!

Jay_D
Redknapp leaps to Mackay defence

C

heers Harry. I was wondering if he'd murdered anyone

Ezy_Rider
Redknapp leaps to Mackay defence

Footer 365

Sky Bet League 1: Barnsley thrash Gillingham as Fleetwood are held

Barnsley claimed a 4-1 win over Gillingham in Sky Bet League One on Saturday, while Fleeetwood were held at home by Chesterfield.

Premier League: Chelsea, West Ham and Swansea claim wins

Diego Costa helped Chelsea to a 2-0 victory over Leicester in the Premier League on Saturday, while West Ham and Swansea also won.

Sky Bet Championship: Sheffield Wednesday earn 3-2 win over Middlesbrough

Sheffield Wednesday held off a Middlesbrough fightback to claim a 3-2 win at the Riverside in the Sky Bet Championship.

Mail Box

More Fan Mail For Football365...

'Just p*ss off with your righteous indignation will you. W*nkers.' There's a lot of anger going around for what should have been a sleepy Friday afternoon at F365 Towers...

Man United: One Game To Save Season

They have one match to convince decent players that they are worth joining - over to you, Louis. We also have mails on Malky Mackay, Mario Balotelli and Tim...

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