Bury : No Wages
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Re: Bury : No Wages
An offer's been tabled to buy Dale out,but given his previous reticence i wouldn't bank on him playing ball.
https://www.bbc.co.uk/sport/football/49324224
If this deal falls through that might seal their demise sadly.
https://www.bbc.co.uk/sport/football/49324224
If this deal falls through that might seal their demise sadly.
Re: Bury : No Wages
Message to @buryfcofficial’s Steve Dale, I can introduce you to a serious prospective owner who may prove to be the right buyer but you’re not returning their emails. Three to date. @SkySportsNews
The local MP has tweeted this, doesn't sound like Dale actually wants to sell the club.
The local MP has tweeted this, doesn't sound like Dale actually wants to sell the club.
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Re: Bury : No Wages
Dale has queried why that has appeared on their website and I don’t think he’s too impressed with the offerrandomclaret2 wrote:Who runs the club website ? One day it's running rambling statements from the Chairman...today club " staff " seem to have commandeered it and are using it to convey messages to him. All very strange...
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Re: Bury : No Wages
Dale wants to sell the land for housing that he paid a quid for.
If he succeeds I hope Bury fans plant loads of Japanese knotweed in the area and cost him a fortune.
If he succeeds I hope Bury fans plant loads of Japanese knotweed in the area and cost him a fortune.
Re: Bury : No Wages
In the CVA document it states that if the land is sold, there is a covenant in place, that the land cannot be used for alternative use and must remain as a football ground.Quickenthetempo wrote:Dale wants to sell the land for housing that he paid a quid for.
If he succeeds I hope Bury fans plant loads of Japanese knotweed in the area and cost him a fortune.
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Re: Bury : No Wages
UPDATED STATEMENT FROM STEVE DALE:
“Due to the agenda with the EFL, my health and recent events at the Club I can confirm I am happy to pass the Club on to the next custodian. For an agreed consideration and them being the right fit for Bury.”
“Due to the agenda with the EFL, my health and recent events at the Club I can confirm I am happy to pass the Club on to the next custodian. For an agreed consideration and them being the right fit for Bury.”
Re: Bury : No Wages
"Whilst trying to piece together Bury FC's accounts is a bit like putting together a jigsaw with half the pieces missing & no picture on the box" - from Kieran Maguire in December.
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Re: Bury : No Wages
At last he's seeing sense,i don't see how they could be a worse fit after his tenure in charge,but with some owners in recent times you can never be certain until they take the reins.Andingle wrote:UPDATED STATEMENT FROM STEVE DALE:
“Due to the agenda with the EFL, my health and recent events at the Club I can confirm I am happy to pass the Club on to the next custodian. For an agreed consideration and them being the right fit for Bury.”
It's a promising development for the club,but until legal documents are signed and sealed they're still on tenterhooks.
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Re: Bury : No Wages
That’s if you believe a word this bloke saystiger76 wrote:At last he's seeing sense,i don't see how they could be a worse fit after his tenure in charge,but with some owners in recent times you can never be certain until they take the reins.
It's a promising development for the club,but until legal documents are signed and sealed they're still on tenterhooks.
Re: Bury : No Wages
He's a conman who now wants his pound backtiger76 wrote:At last he's seeing sense,i don't see how they could be a worse fit after his tenure in charge,but with some owners in recent times you can never be certain until they take the reins.
It's a promising development for the club,but until legal documents are signed and sealed they're still on tenterhooks.
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Re: Bury : No Wages
In Bury's predicament they don't have any other option but to take him at face value,that's why i said until the legal niceties are all in place they'll still be a nagging doubt,there's also marks over the new custodians and what ulterior motive they might have,their intentions may well be honourable,but until more details emerge regarding their wallets,and how deep their pockets are,and crucially where the funding's coming from,many people will naturally remain cynical.ClaretTony wrote:That’s if you believe a word this bloke says
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Re: Bury : No Wages
It might be frying pan into the fire but the fire cannot be as bad as this frying pan
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Re: Bury : No Wages
I've only half been following this.Andingle wrote:We can confirm that today we have received an offer for the sale of Bury Football Club, one that we all at the Club believe is a very good offer.
This offer has been conveyed to Steve Dale and we are still waiting to hear from him.
This offer is the only lifeline for the future of the Club and we implore Steve Dale to accept it, as it has the full backing of all of the senior staff at Bury FC.
I assume from the fact that the offer is going to Dale that they are not in administration.
I assume there must be payments outstanding to creditors that's kicked all this off. Has no-one tried to put them into administration?
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Re: Bury : No Wages
The Football League have deducted 12 points for going into adminaggi wrote:I've only half been following this.
I assume from the fact that the offer is going to Dale that they are not in administration.
I assume there must be payments outstanding to creditors that's kicked all this off. Has no-one tried to put them into administration?
Re: Bury : No Wages
My understanding is this, not saying it is correct though.aggi wrote:I've only half been following this.
I assume from the fact that the offer is going to Dale that they are not in administration.
I assume there must be payments outstanding to creditors that's kicked all this off. Has no-one tried to put them into administration?
Dale put them into the CVA rather than someone else putting them into administration so he gets the £3.6m owed to him in full rather than 25p in the pound. I think it was the creditors of mercardo who could have asked for the club to be placed into administration.
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Re: Bury : No Wages
That makes senseNL Claret wrote:My understanding is this, not saying it is correct though.
Dale put them into the CVA rather than someone else putting them into administration so he gets the £3.6m owed to him in full rather than 25p in the pound. I think it was the creditors of mercardo who could have asked for the club to be placed into administration.
Re: Bury : No Wages
That is bob on , Dale has'nt put money into the club and wanted to liquidate from the minute he walked in the door , lots more will come out in wash I hope , its actually the people he brought in that have turned on him.NL Claret wrote:My understanding is this, not saying it is correct though.
Dale put them into the CVA rather than someone else putting them into administration so he gets the £3.6m owed to him in full rather than 25p in the pound. I think it was the creditors of mercardo who could have asked for the club to be placed into administration.
Re: Bury : No Wages
If the club can't see the way to pay its debts and the director(s) don't put the company into administration, then the directors become personally liable for any debts. Administration isn't supposed to be an option - it's compulsory for the directors to do it as soon as they see it's necessary.
Re: Bury : No Wages
Cheers. I was wondering why there was no mention of IPs in that statement above but I guess they're just glossing over them as Dale is the major creditor.
Looks to be a fairly small company doing the administration. Bit surprised I haven't heard of them as there's some crossover with some specialist areas I've worked in.
Any ideas who RCR Holdings are, they are the major creditor according to the CVA filing. They seem to have some link to Dale but they are owned by someone called Kris Richards. Google isn't throwing anything up on them.
Looks to be a fairly small company doing the administration. Bit surprised I haven't heard of them as there's some crossover with some specialist areas I've worked in.
Any ideas who RCR Holdings are, they are the major creditor according to the CVA filing. They seem to have some link to Dale but they are owned by someone called Kris Richards. Google isn't throwing anything up on them.
Re: Bury : No Wages
What I don't get is how is Dale owed £3.6m and where did it go? No accounts have been submitted.Andingle wrote:That is bob on , Dale has'nt put money into the club and wanted to liquidate from the minute he walked in the door , lots more will come out in wash I hope , its actually the people he brought in that have turned on him.
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Re: Bury : No Wages
Who owns Gigg Lane and its access?
Re: Bury : No Wages
https://burymeinexile.com/2019/07/03/cva-cba/" onclick="window.open(this.href);return false;aggi wrote:Cheers. I was wondering why there was no mention of IPs in that statement above but I guess they're just glossing over them as Dale is the major creditor.
Looks to be a fairly small company doing the administration. Bit surprised I haven't heard of them as there's some crossover with some specialist areas I've worked in.
Any ideas who RCR Holdings are, they are the major creditor according to the CVA filing. They seem to have some link to Dale but they are owned by someone called Kris Richards. Google isn't throwing anything up on them.
The CVA document is in this article.
Re: Bury : No Wages
I'm baffled how he's owed 3.6M , he has'nt put it in as I believe it , I don't prentend to be clued up on legal stuff but it was suggested the 3.6M was owed to SD1 ?NL Claret wrote:What I don't get is how is Dale owed £3.6m and where did it go? No accounts have been submitted.
Re: Bury : No Wages
This is another area of confusion - I thought Dale had transferred the assets (ground and memorabilia) into new companies to protect them or keep them for himself. I am not sure if he was done this with the ground though, say he did sell the club he might still be the club's landlord so could get a rental income from it.Top Claret wrote:Who owns Gigg Lane and its access?
There was also a reported issue about who actually owns the car park. Not sure if Day (SD1) leased it to investors!
It is complex, under Day there were inter companies loans / transfers, is that how Dale (SD2) is owed £3.6m?
Without the accounts , and knowledge of accounting (which I haven't got) it is very very unclear as to what has gone on. Kieran Maguire tweeted in December that it was like trying to do a jigsaw with half the pieces missing and no picture.
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Re: Bury : No Wages
Looking at the CVA, they are screwed.
Hopefully the league will put everyone out of their misery by expelling them which in turn will liquidate the club. Someone will rock up and buy the saleable bits and therefore have to start from scratch in the lower leagues.
Hopefully the league will put everyone out of their misery by expelling them which in turn will liquidate the club. Someone will rock up and buy the saleable bits and therefore have to start from scratch in the lower leagues.
Re: Bury : No Wages
From what the Bury messageboard is saying it is Steve Dale's son in lawaggi wrote:Cheers. I was wondering why there was no mention of IPs in that statement above but I guess they're just glossing over them as Dale is the major creditor.
Looks to be a fairly small company doing the administration. Bit surprised I haven't heard of them as there's some crossover with some specialist areas I've worked in.
Any ideas who RCR Holdings are, they are the major creditor according to the CVA filing. They seem to have some link to Dale but they are owned by someone called Kris Richards. Google isn't throwing anything up on them.
Re: Bury : No Wages
https://www.skysports.com/watch/video/1 ... legitimate" onclick="window.open(this.href);return false;
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Re: Bury : No Wages
Bury’s game against Gillingham this Saturday has just been suspended
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Re: Bury : No Wages
Realistically how long can the EFL allow this to continue,i know they are trying to help the club as much as possible,but surely it's getting to the point where they have to consider expulsion,that'll be 3 League fixtures suspended,plus their cup tie at Sheffield Wednesday.ClaretTony wrote:Bury’s game against Gillingham this Saturday has just been suspended
If this is allowed to drag out much longer the whole league schedule will be in a mess,and clubs will have to squeeze a number of games into a crazy time frame.
Re: Bury : No Wages
https://www.efl.com/news/2019/august/ef ... t-bury-fc/" onclick="window.open(this.href);return false;tiger76 wrote:Realistically how long can the EFL allow this to continue,i know they are trying to help the club as much as possible,but surely it's getting to the point where they have to consider expulsion,that'll be 3 League fixtures suspended,plus their cup tie at Sheffield Wednesday.
If this is allowed to drag out much longer the whole league schedule will be in a mess,and clubs will have to squeeze a number of games into a crazy time frame.
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Re: Bury : No Wages
Thanks! so 23rd August is the final deadline,according to the fixture list they are scheduled a trip to Rotherham on the 20 August,so that must be in major doubt as well.Andingle wrote:https://www.efl.com/news/2019/august/ef ... t-bury-fc/
It seems harsh but there has to be a cut-off point sooner or later,otherwise the whole fabric of the league comes under strain.
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Re: Bury : No Wages
Decision apparently this Thursday on whether to suspend the Rotherham game and then the cut off next week. As you say it can’t go on indefinitely.tiger76 wrote:Thanks! so 23rd August is the final deadline,according to the fixture list they are scheduled a trip to Rotherham on the 20 August,so that must be in major doubt as well.
It seems harsh but there has to be a cut-off point sooner or later,otherwise the whole fabric of the league comes under strain.
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Re: Bury : No Wages
12 points behind 5th bottom but 2 games in hand.
Rather have points on the board
Rather have points on the board
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Re: Bury : No Wages
Nope there's got to be a final decision made soon,i feel for the staff who are in limbo,they can't look for alternative employment,and they don't know from week to week what the future holds.ClaretTony wrote:Decision apparently this Thursday on whether to suspend the Rotherham game and then the cut off next week. As you say it can’t go on indefinitely.
O/T a ? for you Tony,if a thread is deleted do all the likes etc disappear,just curious as my likes have dropped slightly,i can only assume that's the explanation,it's not a major deal i just wondered thanks.
Re: Bury : No Wages
In terms of staff, I don't think there are many if any left and possibly could be classed as volunteers. Apparently the ground has been like a ghost town for a while. Every thing locked / shut.....club shop etc.tiger76 wrote:Nope there's got to be a final decision made soon,i feel for the staff who are in limbo,they can't look for alternative employment,and they don't know from week to week what the future holds.
O/T a ? for you Tony,if a thread is deleted do all the likes etc disappear,just curious as my likes have dropped slightly,i can only assume that's the explanation,it's not a major deal i just wondered thanks.
The players that played in the friendlies will probably have moved on into non league as most were unheard of trialists.
If you go through the thread, there should be one about the chairman criticising staff for staying at the club whilst not getting paid. Insinuating they should have left rather staying to get made redundant. The kit man has gone to Rochdale.
If it was a shop there would be a sign up saying closed until further notice.
Re: Bury : No Wages
Live on air, @buryfcofficial owner Steve Dale, via @bbc5live, challenged me to name the prospective new owner I’ve been liaising with. I’m not interested in stunts, Steve. Sell the club. Here’s my email to Steve just now as I promised 5Live I’d send. #UTS
Local MP Jimmy Frith has called Dale out on Twitter. Think he is / or was a bury season ticket holder.
Local MP Jimmy Frith has called Dale out on Twitter. Think he is / or was a bury season ticket holder.
Re: Bury : No Wages
Over my head but might be an interesting read to who understand these things.
https://twitter.com/KieranMaguire/statu ... 1411172352" onclick="window.open(this.href);return false;
https://twitter.com/KieranMaguire/statu ... 1411172352" onclick="window.open(this.href);return false;
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Re: Bury : No Wages
I don't understand it either - how can a two day old company suddenly be owed £7,000,000?
Re: Bury : No Wages
"RCR Holdings is a company that was created on 16 July 2019 but managed to be owed £7m by Bury by 18 July 2019, when the CVA creditors meeting took place. RCR Holdings has £100 of shares as its invested capital."aggi wrote:Cheers. I was wondering why there was no mention of IPs in that statement above but I guess they're just glossing over them as Dale is the major creditor.
Looks to be a fairly small company doing the administration. Bit surprised I haven't heard of them as there's some crossover with some specialist areas I've worked in.
Any ideas who RCR Holdings are, they are the major creditor according to the CVA filing. They seem to have some link to Dale but they are owned by someone called Kris Richards. Google isn't throwing anything up on them.
Kieran Maguire tweet earlier, guess it is from the same link posted above.
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Re: Bury : No Wages
Rotherham game now suspended.ClaretTony wrote:Decision apparently this Thursday on whether to suspend the Rotherham game and then the cut off next week. As you say it can’t go on indefinitely.
(BBC NW news)
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Re: Bury : No Wages
Statement from the LeagueElectroClaret wrote:Rotherham game now suspended.
(BBC NW news)
The EFL Board has taken the decision to suspend Bury FC’s upcoming League One fixture with Rotherham United on Tuesday 20 August 2019 as the outstanding evidence regarding a number of financial commitments has still not been provided by owner Steve Dale.
It is now the Club’s fourth game of the season not to take place as originally scheduled and they will be referred to a Disciplinary Commission in respect of all suspended League matches.
However, as previously stated the EFL maintains the view that League matches cannot continue being suspended indefinitely, as the pressures of a congested fixture calendar will simply not allow such flexibility and the deadline of 23 August for withdrawal of membership remains in place.
Bury are due to play Tranmere Rovers on 24 August 2019 and, because of the close proximity to the notice of withdrawal deadline, a decision on whether to suspend that fixture will take place in the early part of week commencing 19 August 2019.
In addition, Bury has also been served with a notice of charge in regard to its failure to fulfil the cup tie against Sheffield Wednesday on Tuesday 13 August 2019.
The Club has been given until 5pm on Wednesday 21 August 2019 to respond. At this stage the management committee of the competition (the EFL Board) will determine the matter or refer it to a Disciplinary Commission under EFL Regulations.
Re: Bury : No Wages
Looking pretty bleak for them. AFC Bury in non- league obscurity looms and if that happens they will be the second club to go with their names (twice) on the FA Cup along with Notts County (once). Can't think of any others with such a history
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Re: Bury : No Wages
Is there not a town in need of a football team who could maybe save them like Milton Keynes did with Wimbledon. Wont be quite the same but will keep the club alive at least
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Re: Bury : No Wages
It's a serious situation and a serious thread, which I've more than keeping up with, about a long established club potentially being lost and all you can come up with is total stupidity.Devils_Advocate wrote:Is there not a town in need of a football team who could maybe save them like Milton Keynes did with Wimbledon. Wont be quite the same but will keep the club alive at least
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Re: Bury : No Wages
Dont get all high and mighty. The Bolton situation is also about a long established club potentially being lost and there's all sorts of comments on that thread you haven't shown any objection too.
Its a post on a messageboard so try and get over yourself
Its a post on a messageboard so try and get over yourself
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Re: Bury : No Wages
This is a decent read - though not especially re the mystery bidder
https://www.telegraph.co.uk/football/20 ... fans-fear/" onclick="window.open(this.href);return false;
https://www.telegraph.co.uk/football/20 ... fans-fear/" onclick="window.open(this.href);return false;
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Re: Bury : No Wages
Devils Advocate is a novelty account. The clue is in the username. Treat it as a comedy account and you'll find it funny rather than enraging.
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Re: Bury : No Wages
I don't think it was intended to be a scurrilous post.ClaretTony wrote:It's a serious situation and a serious thread, which I've more than keeping up with, about a long established club potentially being lost and all you can come up with is total stupidity.
It's not relevant now, but surely 2 or 3 seasons back Salford City buying out Bury might have been regarded as a serious option in these desperate times?
Re: Bury : No Wages
Wow more lies from Dale, interesting listen on talk sport this morning. Player v owner have it out live on air!
https://twitter.com/talkSPORT/status/11 ... 37824?s=08" onclick="window.open(this.href);return false;
https://twitter.com/talkSPORT/status/11 ... 37824?s=08" onclick="window.open(this.href);return false;
Re: Bury : No Wages
Also my Bury supporter pal asked me to add a link to a petition to try to remove the idiot trying to kill their club! if any fellow clarets would take the time to sign it would be much appreciated.
http://chng.it/dJBkJydc" onclick="window.open(this.href);return false;
http://chng.it/dJBkJydc" onclick="window.open(this.href);return false;