Bez Posted August 12, 2019 Share Posted August 12, 2019 https://www.buryfc.co.uk/news/2019/august/statement-from-bury-fc-staff/ 1 Link to comment Share on other sites More sharing options...
theowlsman Posted August 12, 2019 Share Posted August 12, 2019 Can we have Mansfield at home in the next round please? Sod the result, just kick them all over the pitch. Link to comment Share on other sites More sharing options...
bradowl Posted August 12, 2019 Share Posted August 12, 2019 All first round games are played tomorrow except the one that took place last week. So second round draw will probably take place tomorrow night after televised game between Dirty old town Salford and Dirty Leeds. Link to comment Share on other sites More sharing options...
asteener1867 Posted August 12, 2019 Share Posted August 12, 2019 (edited) 13 minutes ago, Bez said: https://www.buryfc.co.uk/news/2019/august/statement-from-bury-fc-staff/ Its sorta sad that the corner flags on that pic...simply pick out a couple of decent wins that hark back over a century...but thats football...thats English football...and the really sad thing about it is... There is that much f.ookin' MONEY in football that Bury don't have to go under (Pardon the obvious pun)... I know you can't let clubs carry on willy nilly...but crikey you can give 'em a hand up and say "don't let it happen again tho'" Edited August 12, 2019 by asteener1867 Link to comment Share on other sites More sharing options...
theowlsman Posted August 12, 2019 Share Posted August 12, 2019 I've offered to buy the club for a tenner, the only offer on the table. I promise to play a weakened team. Mainly because Bury only have eight players. They asked me what I could bring to the club. I said a big bucket. Link to comment Share on other sites More sharing options...
sMacLean Posted August 12, 2019 Share Posted August 12, 2019 2 minutes ago, asteener1867 said: Its sorta sad that the corner flags on that pic...simply pick out a couple of decent wins that hark back over a century...but thats football...thats English football...and the really sad thing about it is... There is that much f.ookin' MONEY in football that Bury don't have to go under (Pardon the obvious pun)... I know you can't let clubs carry on willy nilly...but crikey you can give 'em a hand up and say "don't let it happen again tho'" The likes of Man City let them use their facilities rent free effectively and Bury went out and got into a mess. Makes people reluctant to help them out. Still, for anyone with a few million sat there who wishes to enter football ownership and buy a league club that's ready to go they could do worse depending on the debt scenario. Link to comment Share on other sites More sharing options...
N0rtherner Posted August 12, 2019 Share Posted August 12, 2019 30 minutes ago, hangonrose said: No, since the EFL aren't in the habit of giving SWFC freebies (yet) "In what is a truly extraordinary move, the EFL has moved to find a replacement team since Bury are currently unable to meet the requirements of their membership. As most other English clubs are already in the cup, the EFL have only found it fit that FC Barcelona will now face Sheffield Wednesday in this round to ensure the Yorkshire club will not progress. If Bury were to resolve their issues by the drawing of the next round, they can resume their cup ties. Carry on flipping over the Sheffield Wednesday club!" Link to comment Share on other sites More sharing options...
sexpistol Posted August 12, 2019 Share Posted August 12, 2019 37 minutes ago, theowlsman said: Can we have Mansfield at home in the next round please? Sod the result, just kick them all over the pitch. I really hope we play them next round. Would Nando play though? If he did I could see him either scoring a hatrick or getting sent off within 20 minutes. 1 Link to comment Share on other sites More sharing options...
bradowl Posted August 12, 2019 Share Posted August 12, 2019 Unbelievable Jeff!!! Demise of Bury Football Club Following the close shave in 1999, Bury FC was run on a tight leash – each year the club would make a profit or loss of about £250,000 and things were kept in balance. The crown jewel of the club was Gigg Lane which would never be put at risk. Towards 2014, the debt spiked up to £700,000. The then owners were committed to NOT raising money by mortgaging Gigg Lane. A meeting was held at which the shareholders were introduced to a self-confessed Property Developer who was a Huddersfield fan – Stewart Day. He committed to put £1,000,000 of his own money into the club and therefore save the club. He purchased half the shares in the club. Immediately he: 1) Appointed himself Managing Director and Chairman, as well as Owner 2) Borrowed £1,000,000 from an organisation named Cash for Assets at an interest rate of 10% per month. That meant that every month Bury FC was paying £100,000 in interest to this bank 3) Cash for Assets was owned by Stewart Day so he was paying himself £1,200,000 per annum 4) Removed the supporter’s representative from the Board so that his decisions could not be challenged or indeed, made publicly known 5) Hired a security firm to protect him and his associate Glenn Thomas 6) Changed the Annual Accounts format. Formerly the Accounts showed Playing Wages and Non-Playing Wages – obviously Non-Playing Wages was a small amount in a club like Bury. Under Stewart Day the wages were rolled together and increased by over £1,000,000 per annum – it is highly likely that a large amount of this was payments of salaries to Stewart Day and Glenn Thomas Over the next four years, Bury FC, a little club which had historically reported losses or profits of around £250,000 per annum suddenly started losing money at a rate of £2,500,000 each year. At some stage Stewart Day mortgaged the Gigg Lane ground to a company called Capital Bridge Financing for £3,600,000. Of this sum, it has been stated, only £2,400,000 went to Bury FC. The sum of £1,200,000 was paid to somebody as an Introduction Fee. The remaining £2,400,000 was available for Stewart Day to pay himself his inflated salary. Each year the club would sell players valued at more than £1,000,000 but every year the accounts still showed a loss of £2,500,000 or more. Where could the money be going? At the end of 2018, Stewart Day decided that he had taken out enough money and decided to sell the club. To get the best price it would be usual for a club owner to announce a sale, and then review the offers and accept the best offer. Stewart Day sold the club for just £1 to a business associate Steven Dale from Cheshire. Unfortunately at this exact time, the other eight businesses owned by Stewart Day all went bust owing a sum which might be £27,000,000 or more. His Mederco companies issued prospectuses promising investors returns of 12% per annum if they invested just £30,000 into Stewart Day’s new Student Housing blocks in Bradford, Manchester etc. By an absolute fluke, they all went bust at the same time, and investors have lost everything. A petition has been started by furious investors trying to ban Stewart Day from ever running a business again. Stewart Day has recently created eight new Limited companies and it looks like he will begin his cycle again. His personal wealth does not appear to have been reduced. Steven Dale has a unique business history in that he has never run a club as a going concern – his career has been in closing down businesses through liquidation – Companies House state that he has owned and liquidated 39 companies in his chequered career. He has proudly boasted that he has not put a penny of his own money into Bury Football Club – his £1 went to Stewart Day personally. Why would Stewart Day sell the club for £1 when much higher offers would have been on the table. The likelihood is that he was keen for Bury Football Club to close, for its bank accounts to be terminated, and for all record of any nefarious activities to be eliminated – for that to happen he could not risk a reputable person purchasing the company, so he sold to Steven Dale. In March 2019, Steven Dale stopped paying staff at Bury Football Club. Three more home matches were played after this and the club received £250,000 gate money. None of this was offered to HMRC to defray debts owed. Despite this, the team won promotion to Division One. Through to the start of May 2019, salaries still were not being paid and Ryan Lowe departed and joined Plymouth. Plymouth paid compensation of £150,000 to Bury Football Club but again none of this money was showing in the accounts. The two MPS for Bury, James Frith and Ivor Lewis, got involved. Ivor Lewis wrote to the Serious Fraud Office and asked them to investigate Stewart Day and Steven Dale. James Frith worked with the supporters group, Forever Bury, and raised the profile of the case. The EFL have suspended the first three Bury matches of the 2019-20 season and will expel the club by next week unless Steven Dale can give a personal guarantee of £1,500,000 to ensure that the club can complete the season. Steven Dale cannot afford to put money into the club, or would prefer not to. However, there is a serious buyer who would like to buy the club – Steven Dale will not speak to the potential buyer. Why would he not sell when he knows that next week the club will be expelled from the Football League which we joined back in 1885. The only realistic reason is that he is working on behalf of Stewart Day to close the club down so that no evidence is available to the Serious Fraud Office and other bodies who would wish to investigate his activities. Sometimes football clubs overstretch themselves to try to get promotion – and go bust. This is not one of those cases. A criminal has taken control of Bury Football Club, taken all of its money, and left it with debts. An associate of the criminal was then given the club with the instruction to close it down. The criminal has also defrauded hundreds of investors of over £30,000 each via his Mederco schemes. A quick search on Google under the Stewart Day Mederco will show how popular he is with people who gave him their life savings. The above is taken from a post on ming central which seems to be a pretty good guess as to what has caused all this mess. 5 Link to comment Share on other sites More sharing options...
TommyCraig Posted August 12, 2019 Share Posted August 12, 2019 Are we through to next round then? Link to comment Share on other sites More sharing options...
Ecclesfieldz owl Posted August 12, 2019 Share Posted August 12, 2019 What happens if you’ve already bought your ticket for game? Link to comment Share on other sites More sharing options...
The only way is S6 Posted August 12, 2019 Share Posted August 12, 2019 1 hour ago, theowlsman said: Had the game been played, would you have played Bannan, or if not, what changes would you have made? Bannan would have started if he'd been fit enough to. Would have started Nuhiu & Rhodes upfront, bringing Winnall on when we were 4 up. Rested Fletch & Lee. Put FF in despite impending ban. Given big bad Dom a run & rested Palmer. Kept Dawson after his clean sheet,save KW for league. Other places would depend on who needs fitness, who needs a rest or who might have a knock. Link to comment Share on other sites More sharing options...
The only way is S6 Posted August 12, 2019 Share Posted August 12, 2019 1 hour ago, theowlsman said: Yeah, who needs bigger support, or increased income anyhow, much overrated. Some fellow fans are not worthy to share space with Superfans. The club should know about this. And the environmentalists too. We should be saving on paper, saving our trees. FFS. Not like you to be so touchy. Is it the trees thing? I was just laughing at the increased queues due to less parts of the ground being open, as people who don't go regularly get confused about where to go in. Fk all to do with revenue, as we should have given the whole gate receipts to help pay the Bury staff imo, so we'd have gained nothing financially. Pros & cons for the match suspension. If we get a bye, we may get a plum draw, whereas we might have lost to Bury & been out. So a potential banana skin overcome. Link to comment Share on other sites More sharing options...
Sova Posted August 12, 2019 Share Posted August 12, 2019 On 08/08/2019 at 16:20, alanharper said: If we have to replay it, that gives us another tie to shoehorn into the schedule later - if we do play Bury we can't do so now until second round week, which means that (if we go through!) we'd probably have to play the second round tie in w/c 16 Sep as the third round is the following week. Well let's see what comes of the offer that they've had, but say they did take it up to the deadline of 23 August, would we actually be able to play them in the next week? Or would we have to play it after the international break? Link to comment Share on other sites More sharing options...
Ever the pessimist Posted August 12, 2019 Share Posted August 12, 2019 Remember all the PL teams giving money to the outgoing PL chairman recently? Wouldn’t that have been perfect for Bury? Link to comment Share on other sites More sharing options...
Maddogbob Posted August 12, 2019 Share Posted August 12, 2019 1 hour ago, Ecclesfieldz owl said: What happens if you’ve already bought your ticket for game? The same as me I think (i won two tickets). According to the management company, if the game is played, my original ticket is vaild. If something else happens, well get back to you (in this event I imagine you get a full refund from the club.) Link to comment Share on other sites More sharing options...
torres Posted August 12, 2019 Share Posted August 12, 2019 12 minutes ago, Ever the pessimist said: Remember all the PL teams giving money to the outgoing PL chairman recently? Wouldn’t that have been perfect for Bury? Nope Link to comment Share on other sites More sharing options...
Ever the pessimist Posted August 12, 2019 Share Posted August 12, 2019 22 minutes ago, torres said: Nope Perhaps poorly worded on my part.. Link to comment Share on other sites More sharing options...
Maddogbob Posted August 12, 2019 Share Posted August 12, 2019 37 minutes ago, Ever the pessimist said: Remember all the PL teams giving money to the outgoing PL chairman recently? Wouldn’t that have been perfect for Bury? Devils advocate time... Sets a dangerous president, over spend? Dont worry the epl will bale us out. Link to comment Share on other sites More sharing options...
Ever the pessimist Posted August 12, 2019 Share Posted August 12, 2019 2 minutes ago, Maddogbob said: Devils advocate time... Sets a dangerous president, over spend? Dont worry the epl will bale us out. True. Perhaps it’s more accurate that it’s perverse how such money can be recycled amongst the rich while the same sums would be so needed by those further down the food chain. Link to comment Share on other sites More sharing options...
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