Quote:
Originally Posted by carpon
You really are a clueless numpty aren't you !!! I could use stronger words...but rules dictate that I can't.
134 years of HISTORY has just been pi$$Ed away by not only the EFL....but a pair of Conmen who have systematically ruined a club. Inside a fortnight..a founder member of the league will probably follow suit.
Bury are the first of the "domino" effect that will surely follow.
I despair that "pontificating" pricks like you have a voice. Engage your brain before hitting the keyboard !!!!
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I’m sorry but the previous owner of Bury saddled the club with a huge debt; Mr Dale was simply out of his depth and didn’t have either the finances or desire to plug the hole.
Burys debt was far too big for anyone with a brain to take it on; the best solution all around was for the EFL to stick to one of its deadlines (at last) and allow the club to fold so the fans can begin the re-build of a Phoenix club.
football clubs have to pay the bills, they are not a charity.
One of the groups who contributed to the situation at Bury but appear to be getting no scrutiny is the banks (think it was Barclays?) and investors who took the ground and car park (land) as collateral for funds; what where they thinking?
While all creditors need to be paid back in full, lending money to such people against such assets should have set off alarm bells.
In such circumstances of bad judgement, it could be argued the investors deserve what little return they will get from the ground and land sale.
I will let the forum administrator decide if they will request you to provide me with a full apology for your outburst.