Not sure there is any procedure for this or even if it's legal, but I'm sure that both Manchester clubs could chip in a million a piece to keep their two local clubs going.
I can't confirm how much truth is in this but it does beg the question is the phrase 'fit and proper person' worth the paper it's printed on? How can he be allowed to buy the club, albeit for £1, if this is true?
You put any sort of bailout option in place and the already big problem of poorly run and indebted clubs will skyrocket. Like other businesses they must stand up on their own. Why should all the other teams, especially the few well run ones contribute to bail out profligate owners. Hard for the staff and the fans but, businesses go bust every day, jobs get lost every day, football is a bubble but cannot be imune from financial realities. Besides which, isn't Boltons debt something inxs of £40m and thats even after a large tranch of debt was written off when at one stage I believe they were nearer £200m in debt. How much of that debt could realistically be cleared by the EPL? If only the tax mans cut, then how long before they are in the same possition? How much more debt will they owe local businesses that they simply won't ever pay? The fans will be hurting and for at least a season they will have a void, but just as AFC Wimbledon formed after the dons buggered off, I'm sure both clubs will start again. I believe the Reebok/Macron is still ownered by the club, will the local council buy it and rent it back to a new team? At the very least they should hopefully stop it from falling into the hands of developers. Or perhaps a fan collective? A long road ahead, but it need not be the end. Bah!
Fair points General and well made. I suppose ppls nostalgia for football clubs runs deeper than if a high store specialty shop closes its doors after 100 yrs of business. No bail out for them, so why a football club. What will the New Bury be called, I wonder?
Well, we're TOP of one League - https://www.telegraph.co.uk/footbal...rs-playing-biggest-premier-league-role-years/ Read to the end!!
Minging Mings is in the England squad, if he's in there then Cantwell should easily be in the team. But Maddison is, so not all bad.
Mings is a defender, Cantwell isn't. Which attacking midfielder would you take out to make space for Cantwell ?
Oh right, thank you for clarifying that obvious fact.... Just meant that I think he has done more to derserve a place in the team.
I find it astonishing that he is in the squad, ahead of the likes of Dunk, Tarkowski, Mee, Coady even RyBen have done far more to prove themselves worth being considered before this guy. Glad to see Madders in the squad, hopefully he gets a start and can cement his place, this team is crying out for a creative player of his ability.
How could Steve Dale be allowed to purchase the club? Well maybe the answer is that the media, fans, the PFA etc. pressure the EFL to "save" terminally ill clubs at all costs? After all, conventional wisdom is that anything is better than a league club going out of business. In that perspective, £1 from Steve Dale is something isn't it? Whatever, Bury's misfortune is another's opportunity. Hopefully a well-run, well-funded and progressive club will now be able to dine at the EFL table.
Great article by Colin Murray on what needs to change to stop the next Bury happening. I think his comment re selling/renaming grounds to raise funds/avoid FFP
