‘Bury are alive,’ says bidder but final collapse could be days away

10 October 2019 10:03
Anonymous bidder aims to restore ‘community-based club’ but winding-up petition looms and phoenix team is being plannedSince the traumatic expulsion of Bury from the Football League after 125 years of membership, a funereal Gigg Lane has swirled with questions about how far the old club must fall, and how best to resurrect it. Uncertainties, and emotions supporters liken to grief, cloud the way ahead, and a new deadline looms: a winding-up petition issued by HMRC due to be heard on 16 October, which could see Bury finally crumple into liquidation.Dean Hamer, chairman of the Forever Bury supporters’ trust, said in an update last week that the trust was supporting work on the feasibility of forming a new, “phoenix” club, while working with the latest in a series of potential investors looking to buy the expelled club’s insolvent ruins. This bidder, Hamer said, “at this moment in time wants to remain anonymous”. The bidder himself provided an anonymous statement, saying that “the complex ongoing discussions require a level of confidentiality”, and he was looking into restoring a “community-based club” at Bury. Related: Football League rejects proposal to readmit Bury into League Two Continue reading......read full article

Source: TheGuardian