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Can we have the bye then and the prize money if we get to the first round proper......

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2 hours ago, malifax said:

Can we have the bye then and the prize money if we get to the first round proper......

imagine how many season tickets you would have to sell to match the FA cup prize money

The Emirates FA Cup
Season 2018-19
Payments made from The FA's prize fund

     
     
     
     
     
Fourth Round Qualifying winners (32) £25,000
First Round Proper winners (40) £36,000
Second Round Proper winners (20) £54,000
Third Round Proper winners (32) £135,000

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Seems Steve Dale could make a bit of a profit for his £1 investment. Better than buying a lottery ticket! (article from Daily Mail)

 

Bury owner Steve Dale claimed he was owed £3.7million by the club when proposing a company voluntary arrangement to creditors, according to new documents.

Court papers reveal that Dale, who bought the crisis-stricken League One club for £1 in December 2018, said he was owed £3.68m last month, while a company called RCR Holdings, which was formed on July 16, claimed to be owed £7.1m.

 

It was deemed, however, by the chair of proceedings, that there was an element of crossover between the two debts and only the figure of £7.1m was voted upon by Bury’s creditors.

Although the majority of creditors voted in favour of the CVA, the documents reveal that HMRC, which is owed more than £1m by the club, voted against it.

As the countdown to Bury being kicked out of the EFL ticks down, the details of Dale’s claims have prompted yet more confusion.

Kieran Maguire, a football finance lecturer at the University of Liverpool, responded to the documents by saying: ‘It does all seem very strange. Trying to understand Steve Dale’s motives is very difficult. I think Bury is beyond help.’

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Have Bury got any player that we could entice over the Pennines, If their not getting paid at the moment they would probably jump at the chance of a steady wage. Just a thought?

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If they go pop it could mean only Bratfud or Oldham would get relegated  instead of both , hope they survive 

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For anyone interested in this situation listen to talksport with a Current Bury player and the Bury Chairman. It’s a really good listen and can just hear the lies of the chairman. 

The Players are close to losing their homes. 

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It's a disgrace that the EFL are to busy dishing out fines to Leeds United for a bloke stood on a step ladder and Huddersfield Town for a little marketing ploy rather than checking out dodgy owners and dealing with them straight away, Blackpool, Bolton & Bury off the top of my head 

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Cheers TJA and Kit for bringing that one up. It's so grim. We've all been through the worst as Shaymen but imagine hearing that fracas between say, Matty Brown and David Bosomworth. It categorically wouldn't happen under our current custodians, but just imagine that reality closer to home.

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Sad times for the bucket shakers , hope they get sorted but looking unlikely , assume a Phoenix club will arise , hopefully no lower than conf north if possible 

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I think it's likely to be north west counties league, the same fate that befell Hereford FC. Of course Gigg Lane has been used at that level before with FC United, and I think it could handle the attendances.

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Hopefully a few more clubs will follow.

Its horrible, especially for the staff who are on buttons, however it feels like we need to lose a lot of clubs for those at the top to wake up.

Sadly I doubt a single person connected to a Prem club will give Bury going under a seconds thought.  

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Unfortunately clubs need to live within their means, not spend money they haven’t got then demand Premier League sides donate their money to subsidise them.

Bury seem a particularly unusual case, a club who spent money they didn’t have, then were bought for £1 by a bloke who appears to have made money separating off the money from companies and then winding them up. Looks very unlikely they’ll still be a league club this time next week.

Unless financial rules are tightened and clubs are somehow prevented from running at an unmanageable loss and have to put together approved budgets then there are going to be more clubs who are relying on a wealthy investor to save them from oblivion. It’s still a real possibility that Macclesfield won’t see out the season, while the longer Bolton’s takeover drags on the more precarious their future is. 

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37 minutes ago, Bobbins said:

Unfortunately clubs need to live within their means, not spend money they haven’t got then demand Premier League sides donate their money to subsidise them.

Bury seem a particularly unusual case, a club who spent money they didn’t have, then were bought for £1 by a bloke who appears to have made money separating off the money from companies and then winding them up. Looks very unlikely they’ll still be a league club this time next week.

Unless financial rules are tightened and clubs are somehow prevented from running at an unmanageable loss and have to put together approved budgets then there are going to be more clubs who are relying on a wealthy investor to save them from oblivion. It’s still a real possibility that Macclesfield won’t see out the season, while the longer Bolton’s takeover drags on the more precarious their future is. 

I think you missed an earlier post, which explained that a massive "payday loan" was taken out using Gigg Lane as collateral. The loan money was then used to try and bail out a separate Company run by then owner Stewart Day. Bury's problem is they now pay £1500 a day servicing loan money they have never seen!

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10 hours ago, kit said:

I think you missed an earlier post, which explained that a massive "payday loan" was taken out using Gigg Lane as collateral. The loan money was then used to try and bail out a separate Company run by then owner Stewart Day. Bury's problem is they now pay £1500 a day servicing loan money they have never seen!

Thank god for our directors

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1 minute ago, Janis said:

Thank god for our directors

Ethos of our directors ok would be happier with 8/9 equal rather than 1. I am not a believer in either throwing big money at the club or being blinded by a 1 man board.(in reality)

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57 minutes ago, Steve Lanzarote said:

Ethos of our directors ok would be happier with 8/9 equal rather than 1. I am not a believer in either throwing big money at the club or being blinded by a 1 man board.(in reality)

I'm of a similar view but by & large prefer the Mr B & B Ham model to the Bury, Bolton etc. etc self destruct plan:unsure:

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Seems to be a national outrage this Bury thing, but when Halifax, Chester, Darlo went, it was just considered part of football. I've got every sympathy for them but some people are acting like it's the first time it's ever happened.

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Was in brighouse this morning talking to two rochdale  fans. They were telling a couple of bury players were on £6000 a week when they got paid. Highest rochdale player on £3000 a week most on considerably less. Bury and rochdale  same clubs bury marginally  better supported. Just shows what a difference  an owner makes. Rochdale  fans very proud of being debt free

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Joe Skrarz was pocketing £3,700 a week last season at Bury by all accounts.

Says it all. 

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