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tomorrow can't come quick enough 14:17 - Oct 16 with 1056255 viewsbatman

Not for us, but for Bury.
i was credit checking a potential customer and decided to nosey onto
BFC's file and was (or maybe not) supprised to see a new CCJ for circa £22k lodged
only Wednesday this week.
looks like they are in need of a bumper crowd tomorrow to settle some bills
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tomorrow can't come quick enough on 22:33 - Aug 23 with 1987 viewsdingdangblue

tomorrow can't come quick enough on 22:31 - Aug 23 by Shun

Bloody knew those worms would find a way to survive!


On the bright side - 6 points.

Its a BRILLIANT goal to cap a BRILLIANT start by Rochdale - Don Goodman 26/08/10
Poll: Are fans more annoyed losing or not playing Henderson centre forward?

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tomorrow can't come quick enough on 22:33 - Aug 23 with 1983 viewsjudd

tomorrow can't come quick enough on 22:30 - Aug 23 by SuddenLad

Whoa.........hold your horses.......

Dale claims it's a done deal.

'Prospective purchasers' say - far from it. (Courtesy of Chris Hall ITV)


I’ve already read elsewhere that the new owners should get on with signing players and push for promotion.

Bless
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tomorrow can't come quick enough on 22:35 - Aug 23 with 1941 viewssmaclad1

tomorrow can't come quick enough on 22:07 - Aug 23 by Thacks_Rabbits

Interesting that the company supposedly taking them over are showing a negative set of recent accounts, still nothing new there!!!


Not only a negative set of accounts, but not showing anything like the millions required. OK, young Mr Campbell is supposedly a gambling whizz and may have more than a few bob put aside but, in the wider scheme of things given that bury have no assets to borrow against, where's the money coming from? And at what cost?

Obviously not questions to be welcomed on the wrong side of Heywood.
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tomorrow can't come quick enough on 22:35 - Aug 23 with 1935 viewsEllDale

Dale has been on ITN to say that the new owners will have a debt free club with working capital of over £1million.
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tomorrow can't come quick enough on 22:36 - Aug 23 with 1912 viewsdingdangblue

tomorrow can't come quick enough on 22:33 - Aug 23 by judd

I’ve already read elsewhere that the new owners should get on with signing players and push for promotion.

Bless


Apparently the new owners are fans of the Moneyball system or in bury's case NoMoneyball.

Its a BRILLIANT goal to cap a BRILLIANT start by Rochdale - Don Goodman 26/08/10
Poll: Are fans more annoyed losing or not playing Henderson centre forward?

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tomorrow can't come quick enough on 22:37 - Aug 23 with 1861 viewsDaleiLama

"Trannys and six fingers. We're back. We dance on your pitch We dance on your pitch"

FFS. After the North West News portrayed them as humble "victims", it took some of them all of 5 minutes to shed their disguise and show their true colours.

Come on you Dayul
Poll: Are changes to the board seen as good or bad by folks who know those involved?

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tomorrow can't come quick enough on 22:38 - Aug 23 with 1847 viewsMolly

C and N Sporting risk Ltd was incorporated in Dec 2016 with a total authorised share capital of £75. Of this only one £1 share has been issued.

The company is a private limited company and as such do not need to disclose a great deal of information , but from the last filed accounts up to December 2018 they showed capital and reserves of minus £191,001.

Mr Days companies from memory had an issued share capital of £3 each.
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tomorrow can't come quick enough on 22:39 - Aug 23 with 1790 viewsrochedale

From a Forest fan on twitter...

Fawaz Al Hasawi set to buy @buryfcofficial They are better off going under than have this corrupt lunatic buying the club!!! #BuryFC #AlHasawi

Don't do it #Bury
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tomorrow can't come quick enough on 22:42 - Aug 23 with 1730 viewsSuddenLad

https://www.thesun.co.uk/sport/football/9787827/rory-campbell-bury-fc-buyer-alas

“Many of life’s failures are people who did not realise how close they were to success when they gave up.”

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tomorrow can't come quick enough on 22:43 - Aug 23 with 1710 viewssince58

tomorrow can't come quick enough on 22:39 - Aug 23 by rochedale

From a Forest fan on twitter...

Fawaz Al Hasawi set to buy @buryfcofficial They are better off going under than have this corrupt lunatic buying the club!!! #BuryFC #AlHasawi

Don't do it #Bury


Do it do it do it.
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tomorrow can't come quick enough on 22:49 - Aug 23 with 1585 viewsjudd

tomorrow can't come quick enough on 22:42 - Aug 23 by SuddenLad

https://www.thesun.co.uk/sport/football/9787827/rory-campbell-bury-fc-buyer-alas


It is reliant on an extension of the deadline.
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tomorrow can't come quick enough on 22:50 - Aug 23 with 1556 viewsThacks_Rabbits

tomorrow can't come quick enough on 22:38 - Aug 23 by Molly

C and N Sporting risk Ltd was incorporated in Dec 2016 with a total authorised share capital of £75. Of this only one £1 share has been issued.

The company is a private limited company and as such do not need to disclose a great deal of information , but from the last filed accounts up to December 2018 they showed capital and reserves of minus £191,001.

Mr Days companies from memory had an issued share capital of £3 each.


It’s just another smoke and mirrors set up, likely to buy time and pull out.

Meanwhile B11 and co are down at Gigg opening champagne 🍾

The old lady is safe over the bank holiday, maybe!

Every Team Needs A John Ryan - The Winger Who's a Ringer!!!!!
Poll: Is Rupert Reid the biggest bellend you have ever seen

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tomorrow can't come quick enough on 22:51 - Aug 23 with 1526 viewsDorislove

tomorrow can't come quick enough on 22:49 - Aug 23 by judd

It is reliant on an extension of the deadline.


Who is backing the deal ,with a balance sheet they have they couldnt buy Dale pie kiosk.
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tomorrow can't come quick enough on 22:51 - Aug 23 with 1521 viewsSuddenLad

tomorrow can't come quick enough on 22:49 - Aug 23 by judd

It is reliant on an extension of the deadline.


Which the EFL have robustly said is not an option. How effective they are as a governing body is about to be tested.

“Many of life’s failures are people who did not realise how close they were to success when they gave up.”

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tomorrow can't come quick enough on 22:54 - Aug 23 with 1460 viewsVivaDonaldo

tomorrow can't come quick enough on 22:50 - Aug 23 by Thacks_Rabbits

It’s just another smoke and mirrors set up, likely to buy time and pull out.

Meanwhile B11 and co are down at Gigg opening champagne 🍾

The old lady is safe over the bank holiday, maybe!


EFL have gotten to flex their muscle and show the next team that there will be repercussions. Bury are rid of Dale and hopefully have a new owner that will try and run things more sustainably.

We keep a rival, they keep their club.

Only people that really miss out are those that have been paid out under the CVA and any teams missing potential gate receipts from the games postponed so far.
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tomorrow can't come quick enough on 22:55 - Aug 23 with 1457 viewssince58

tomorrow can't come quick enough on 22:51 - Aug 23 by Dorislove

Who is backing the deal ,with a balance sheet they have they couldnt buy Dale pie kiosk.


cheaper to buy bury than the dale pie kiosk at 3 .50 a pie.
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tomorrow can't come quick enough on 22:57 - Aug 23 with 1404 viewssmaclad1

From Bury Times -

Over to you EFL
MP James Frith on BBC 5Live confirms Dale has accepted bid from C&N Sporting Risk but...
"It’s not over the line fully in their minds (C&N) and there are a lot of questions that need to be answered about complexity of the financial situation."
Frith is confident this will be enough for the EFL to extend the deadline beyond midnight.

They should have thought about the financial complexity and put a bid in two weeks ago. This could go on and on and on. It's bloody simple -

secured creditors + CVA creditors = millions down the drain you'll never see again

interest payments on loans against the ground and social club = millions down the drain
you'll never see again (and if you do manage to buy the ground you can't do anything with it as there is a covenant on it - so that would be more millions down the drain)

running costs as you try to meet the unrealistic demands of the supporters - income = millions down the drain that you'll never see again.
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tomorrow can't come quick enough on 23:01 - Aug 23 with 1343 viewsClivert

Dale can now blame either The EFL or the new consortium if approval isn’t met.

9months at the club in which he has over seen a promotion, whittled down operating costs to a level that the club could aford and sold the club for what I’d imagine is a tidy profit on his £1.

#Bestchairmanever
[Post edited 23 Aug 23:05]
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tomorrow can't come quick enough on 23:02 - Aug 23 with 1317 viewsDaleiLama

tomorrow can't come quick enough on 22:57 - Aug 23 by smaclad1

From Bury Times -

Over to you EFL
MP James Frith on BBC 5Live confirms Dale has accepted bid from C&N Sporting Risk but...
"It’s not over the line fully in their minds (C&N) and there are a lot of questions that need to be answered about complexity of the financial situation."
Frith is confident this will be enough for the EFL to extend the deadline beyond midnight.

They should have thought about the financial complexity and put a bid in two weeks ago. This could go on and on and on. It's bloody simple -

secured creditors + CVA creditors = millions down the drain you'll never see again

interest payments on loans against the ground and social club = millions down the drain
you'll never see again (and if you do manage to buy the ground you can't do anything with it as there is a covenant on it - so that would be more millions down the drain)

running costs as you try to meet the unrealistic demands of the supporters - income = millions down the drain that you'll never see again.


Who you gonna call ………..?

[Post edited 23 Aug 23:03]

Come on you Dayul
Poll: Are changes to the board seen as good or bad by folks who know those involved?

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tomorrow can't come quick enough on 23:04 - Aug 23 with 1268 viewsTVOS1907

tomorrow can't come quick enough on 20:31 - Aug 23 by Shun

Did somebody once say that R11BFC is a decent fellow? He seems like the biggest, most petulant baby on there!


Yeah, but it was only one person who said it.

What's the 'Know all clique' and who's in it?

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tomorrow can't come quick enough on 23:04 - Aug 23 with 1268 viewsjudd

tomorrow can't come quick enough on 22:54 - Aug 23 by VivaDonaldo

EFL have gotten to flex their muscle and show the next team that there will be repercussions. Bury are rid of Dale and hopefully have a new owner that will try and run things more sustainably.

We keep a rival, they keep their club.

Only people that really miss out are those that have been paid out under the CVA and any teams missing potential gate receipts from the games postponed so far.


Im not sure anyone has been paid under the CVA agreement. I thought I read earlier that Dale expects all agreed debt repayments would have to be met by new owners. His latest claim that the club is debt free and the new owners have working capital of £1m is just astonishing.

Reminds me of the time a newspaper lad or humble window cleaner took over Aldershot and some publicity hungry fat fooker ran onto Old Trafford and belted a ball into the Stretford End goal, he subsequently could not fund the purchase.
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tomorrow can't come quick enough on 23:05 - Aug 23 with 1251 viewsShun

tomorrow can't come quick enough on 22:51 - Aug 23 by SuddenLad

Which the EFL have robustly said is not an option. How effective they are as a governing body is about to be tested.


I can’t see them denying an extension now a legitimate offer seems to have been made. I expect them to extend the deadline and for the sale to go ahead.
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tomorrow can't come quick enough on 23:08 - Aug 23 with 1201 viewsDorislove

tomorrow can't come quick enough on 23:05 - Aug 23 by Shun

I can’t see them denying an extension now a legitimate offer seems to have been made. I expect them to extend the deadline and for the sale to go ahead.


10.51 statement ,doesnt sound like an offer just yet.How long do you need ?/ another 10 weeks 10 months ??

"We can confirm that over the past 10 weeks we have been in discussions with Bury FC, the EFL and others with a view to putting forward a proposal to buy the club.

"It is a very complicated scenario and there remain a number of outstanding legal and other issues that have to be addressed.

"Our background is in football and data analytics and it should therefore not be surprising that we are taking a very detailed forensic look at the realities of Bury FC finances.

"A club like Bury ought to have a viable long-term future even if the short-term future is clearly very challenging. To that end we have been in discussions with the EFL about an extension so that we can continue to explore the prospects for a purchase. We will be making no further comment at this stage."
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tomorrow can't come quick enough on 23:08 - Aug 23 with 1194 views442Dale

<<Statement from Newman and Campbell of C&N Sporting Risk

"We can confirm that over the past 10 weeks we have been in discussions with Bury FC, the EFL and others with a view to putting forward a proposal to buy the club.

"It is a very complicated scenario and there remain a number of outstanding legal and other issues that have to be addressed.

"Our background is in football and data analytics and it should therefore not be surprising that we are taking a very detailed forensic look at the realities of Bury FC finances.

"A club like Bury ought to have a viable long-term future even if the short-term future is clearly very challenging. To that end we have been in discussions with the EFL about an extension so that we can continue to explore the prospects for a purchase. We will be making no further comment at this stage.">>

Why would anyone be celebrating that it’s all sorted based on the information there?

Poll: Who do you want to come down?

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tomorrow can't come quick enough on 23:11 - Aug 23 with 1127 viewsjudd

tomorrow can't come quick enough on 23:05 - Aug 23 by Shun

I can’t see them denying an extension now a legitimate offer seems to have been made. I expect them to extend the deadline and for the sale to go ahead.


They may very well extend the deadline but the deal is not guaranteed to be acceptable to the EFL.
The potential buyers are an incredible risk for the EFL to endorse.
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