BURY FC is in administration, it has been announced.
The club has been in both financial and football limbo since being expelled from the Football League in August 2019.
Supporters trust Forever Bury have in recent weeks been attempting to raise funds online in a bid to take the club out of the hands of controversial owner Steve Dale.
Now, according to reports, it is Dale himself who has placed the club into administration with the Shakers’ affairs being handled by Steven Wiseglass, a director at Inquesta Corporate Recovery & Insolvency, who has been appointed administrator.
Wiseglass was previously responsible for the club’s Company Voluntary Agreement, a move by Dale to reduce the club’s debts which defaulted.
In a statement, Dale said: “The directors of Bury FC have fought long and hard to save this great club and have now taken the decision to appoint an administrator with a view to re-entering the football pyramid next season.”
Wiseglass said: “Bury FC is one of the oldest football clubs in the country, with a loyal and enthusiastic fanbase for whom the past 18 months have been extremely distressing.
“We understand how much the club means to so many people.
“My role is to try to rescue Bury FC as a going concern which will enable the company to exit administration and seek readmission to the football pyramid system in time for the 2021-22 season.”
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