| tomorrow can't come quick enough 14:17 - Oct 16 with 2020831 views | batman |
Not for us, but for Bury.
i was credit checking a potential customer and decided to nosey onto
BFC's file and was (or maybe not) supprised to see a new CCJ for circa £22k lodged
only Wednesday this week.
looks like they are in need of a bumper crowd tomorrow to settle some bills |  | | |  |
| tomorrow can't come quick enough on 21:06 - Jul 10 with 5533 views | Thacks_Rabbits |
| tomorrow can't come quick enough on 20:41 - Jul 10 by Sandyman |
Laughing at the avatar thacks  |
Will keep it until the ride finally ends!!! |  |
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| tomorrow can't come quick enough on 21:10 - Jul 10 with 5517 views | judd |
| tomorrow can't come quick enough on 21:06 - Jul 10 by Thacks_Rabbits |
Will keep it until the ride finally ends!!! |
Stag do on the other thread mate.
Oh... |  |
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| tomorrow can't come quick enough on 06:16 - Jul 11 with 5160 views | RAFCBLUE |
I'm sure James, that if someone comes forward with an offer to repay everyone fully Mr. Dale would accept. He’s owed £3.6m.
That cash requirement is circa £16m - does your interested party have that?
Thought not. |  |
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| tomorrow can't come quick enough on 07:40 - Jul 11 with 5067 views | EllDale |
As an MP shouldn't he be sorting out Brexit or something else of national importance rather than trying to resuscitate a dying football club? | | | |
| tomorrow can't come quick enough on 08:08 - Jul 11 with 5032 views | isitme |
| tomorrow can't come quick enough on 07:40 - Jul 11 by EllDale |
As an MP shouldn't he be sorting out Brexit or something else of national importance rather than trying to resuscitate a dying football club? |
But, but a few false platitudes will be a guaranteed vote winner!
I have always wondered why prospective MPs/Councillors in Rochdale do not try to offer more to Rochdale supporters to entice them to vote for them? Training/community facilities within the borough would be great, Mind you I suppose our MP might actually have to come to Rochdale! |  | | |
| tomorrow can't come quick enough on 09:47 - Jul 11 with 4881 views | 1907 |
| tomorrow can't come quick enough on 08:08 - Jul 11 by isitme |
But, but a few false platitudes will be a guaranteed vote winner!
I have always wondered why prospective MPs/Councillors in Rochdale do not try to offer more to Rochdale supporters to entice them to vote for them? Training/community facilities within the borough would be great, Mind you I suppose our MP might actually have to come to Rochdale! |
I suppose our fan base only represents a very small proportion of our borough as a whole | | | |
| tomorrow can't come quick enough on 09:49 - Jul 11 with 4871 views | isitme |
| tomorrow can't come quick enough on 09:47 - Jul 11 by 1907 |
I suppose our fan base only represents a very small proportion of our borough as a whole |
We might also be a bit more diverse in our voting/lack of voting intentions than other groups in the town who might also be offered other incentives to vote a certain way? | | | |
| tomorrow can't come quick enough on 10:33 - Jul 11 with 4791 views | EllDale |
Our MP has no need to cultivate voters. It's a relatively safe seat. | | | |
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| tomorrow can't come quick enough on 14:12 - Jul 11 with 4529 views | aleanddale |
Clock ticking now.
Exactly when do the EFL step in? | | | |
| tomorrow can't come quick enough on 18:32 - Jul 11 with 4230 views | scarrow |
Another player departs... Telford to plymouth |  |
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| tomorrow can't come quick enough on 18:38 - Jul 11 with 4211 views | MoonyDale |
| tomorrow can't come quick enough on 14:12 - Jul 11 by aleanddale |
Clock ticking now.
Exactly when do the EFL step in? |
On their board now it has just been revealed that at least 3 more staff have been sacked today. Including the maintenance guy when they don't have a safety cert and work needs doing......This Dale guy seems to be one despicable B'stard....Payback for the trolling of his daughter maybe, but it's the staff I feel most sorry for..... |  |
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| tomorrow can't come quick enough on 18:55 - Jul 11 with 4151 views | soulboy |
| tomorrow can't come quick enough on 18:32 - Jul 11 by scarrow |
Another player departs... Telford to plymouth |
Its not all doom and gloom at giggle despite another player leaving they should be able to enter a team in the local 5 a side league, well maybe anyway!  |  | | |
| tomorrow can't come quick enough on 19:44 - Jul 11 with 4034 views | since58 |
| tomorrow can't come quick enough on 10:33 - Jul 11 by EllDale |
Our MP has no need to cultivate voters. It's a relatively safe seat. |
wish Plymouth would sign our mp. | | | |
| tomorrow can't come quick enough on 19:46 - Jul 11 with 4018 views | isitme |
| tomorrow can't come quick enough on 19:44 - Jul 11 by since58 |
wish Plymouth would sign our mp. |
Not sure he can leave South Manchester. | | | |
| tomorrow can't come quick enough on 19:54 - Jul 11 with 3993 views | since58 |
| tomorrow can't come quick enough on 19:46 - Jul 11 by isitme |
Not sure he can leave South Manchester. |
Probably right. Rochdale wherse that. | | | |
| tomorrow can't come quick enough on 20:32 - Jul 11 with 3876 views | JumeirahDale |
Given the latest round of firings, and the lack of sufficient infrastructure to even start the season, all I can surmise is that the new manager is working either for free, or on a per-match basis SD2 knows full-well won't ever result in any outlay. Absolutely bizarre hire, which looks even odder now. |  | | |
| tomorrow can't come quick enough on 20:55 - Jul 11 with 3804 views | Yorkshire_Dale |
If I lived down that way I would go to that match to see just how bury pan out.... and give 'em some stick. | | | |
| tomorrow can't come quick enough on 21:17 - Jul 11 with 3740 views | James1980 |
| tomorrow can't come quick enough on 20:55 - Jul 11 by Yorkshire_Dale |
If I lived down that way I would go to that match to see just how bury pan out.... and give 'em some stick. |
Any exiles in the Nantwich area? They could do a recce. | |
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| tomorrow can't come quick enough on 22:20 - Jul 11 with 3613 views | scarrow |
Latest Conn piece
Bury takeover went through without full Football League approval
-Â EFL says Steve Dale has not provided full informationÂ
-Â Bury understood to be under transfer embargo
The December takeover of Bury, who are in extreme financial distress under the owner Steve Dale, was completed without being approved by the EFL under its regulations, the league has said.
Dale took the club over for £1 from Stewart Day, who had taken out loans secured on its Gigg Lane ground and run the club at a loss, and whose property development companies were about to collapse into administration.
‘We never got that money’: the inside story of Bury’s road to financial ruin
Under rules introduced after the serial financial collapse of clubs, including Bury, in the early 2000s, the EFL must be satisfied that a prospective new owner is “fit and proper” under its owners’ and directors’ test, and has enough money, from a legitimate source, to fund the purchase
In normal takeovers a prospective buyer is notified to the EFL in advance for these checks, including on the “source and sufficiency of funds”, and the league will block a takeover if it is not satisfied that the money is there. The EFL regulations state that “up to date future financial information” must be submitted by a club “as far in advance of the change of control as reasonably possible” or, if that is not reasonably practicable, within 10 working days after the takeover.
Dale, however, did not undergo any part of that process before his takeover and even now, seven months into his ownership of Bury, he has still not provided the EFL with information it requires to be satisfied that he has the money to fund the club.
In a statement an EFL spokesman said it began to conduct the checks required by the regulations only after Dale took the club over from Day: “Following notification of the transfer of shares at the club, the EFL immediately began to implement its change of control processes, which include submission to the owners and directors test … as well as seeking additional information in regard to the source and sufficiency of funding.”
The spokesman also confirmed that Dale and Bury had still not provided the EFL with the necessary financial information: “We remain in active dialogue with the club concerning the outstanding information as required under EFL regulations, and will continue to offer assistance as the club attempts to find a long-term solution to the complex and challenging issues it currently faces.”
Bury are understood to have been placed under an embargo on registering new players, until the EFL has been convinced the money is there to pay them. The manager, Ryan Lowe, left, along with several players who won promotion for the club from League Two last season despite not having been paid, at that time, for 12 weeks. It is not clear what squad the new appointment, Paul Wilkinson, will have to start the season.
On Thursday several employees at the club were sent letters terminating their employment, with an official explanation that “the company has become insolvent and is unable to pay their debts”. Samantha Gibbs, who was recruited as recently as last September to be Bury’s venue operations director, said that staff had not been paid for May or June and will be “financially ruined”. She said: “Nobody is saying that Steve Dale put the club into debt but the club has been in chaos since his takeover.”
Last month Dale made an offer to settle 25p in the pound of the club’s non-football and unsecured debts — HMRC was owed £1m at that point — but the creditors’ voluntary arrangement (CVA) proposal was adjourned this week. The administrators of Mederco, one of Day’s collapsed property companies, has claimed since the proposal was made that it is owed approximately £7m in loans made to Bury while Day owned the club.
James Frith, the MP for Bury North, told the Guardian: “I am dismayed to learn that Bury’s current owner may not have passed through the ownership regulations which the EFL are supposed to administer prior to any completed takeover. All Bury FC fans will want to know, as I do, what on earth these rules are for.”
Dale had not responded to a series of questions from the Guardian at the time of publishing [Post edited 11 Jul 2019 22:24]
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| tomorrow can't come quick enough on 22:37 - Jul 11 with 3546 views | JumeirahDale |
| tomorrow can't come quick enough on 22:20 - Jul 11 by scarrow |
Latest Conn piece
Bury takeover went through without full Football League approval
-Â EFL says Steve Dale has not provided full informationÂ
-Â Bury understood to be under transfer embargo
The December takeover of Bury, who are in extreme financial distress under the owner Steve Dale, was completed without being approved by the EFL under its regulations, the league has said.
Dale took the club over for £1 from Stewart Day, who had taken out loans secured on its Gigg Lane ground and run the club at a loss, and whose property development companies were about to collapse into administration.
‘We never got that money’: the inside story of Bury’s road to financial ruin
Under rules introduced after the serial financial collapse of clubs, including Bury, in the early 2000s, the EFL must be satisfied that a prospective new owner is “fit and proper” under its owners’ and directors’ test, and has enough money, from a legitimate source, to fund the purchase
In normal takeovers a prospective buyer is notified to the EFL in advance for these checks, including on the “source and sufficiency of funds”, and the league will block a takeover if it is not satisfied that the money is there. The EFL regulations state that “up to date future financial information” must be submitted by a club “as far in advance of the change of control as reasonably possible” or, if that is not reasonably practicable, within 10 working days after the takeover.
Dale, however, did not undergo any part of that process before his takeover and even now, seven months into his ownership of Bury, he has still not provided the EFL with information it requires to be satisfied that he has the money to fund the club.
In a statement an EFL spokesman said it began to conduct the checks required by the regulations only after Dale took the club over from Day: “Following notification of the transfer of shares at the club, the EFL immediately began to implement its change of control processes, which include submission to the owners and directors test … as well as seeking additional information in regard to the source and sufficiency of funding.”
The spokesman also confirmed that Dale and Bury had still not provided the EFL with the necessary financial information: “We remain in active dialogue with the club concerning the outstanding information as required under EFL regulations, and will continue to offer assistance as the club attempts to find a long-term solution to the complex and challenging issues it currently faces.”
Bury are understood to have been placed under an embargo on registering new players, until the EFL has been convinced the money is there to pay them. The manager, Ryan Lowe, left, along with several players who won promotion for the club from League Two last season despite not having been paid, at that time, for 12 weeks. It is not clear what squad the new appointment, Paul Wilkinson, will have to start the season.
On Thursday several employees at the club were sent letters terminating their employment, with an official explanation that “the company has become insolvent and is unable to pay their debts”. Samantha Gibbs, who was recruited as recently as last September to be Bury’s venue operations director, said that staff had not been paid for May or June and will be “financially ruined”. She said: “Nobody is saying that Steve Dale put the club into debt but the club has been in chaos since his takeover.”
Last month Dale made an offer to settle 25p in the pound of the club’s non-football and unsecured debts — HMRC was owed £1m at that point — but the creditors’ voluntary arrangement (CVA) proposal was adjourned this week. The administrators of Mederco, one of Day’s collapsed property companies, has claimed since the proposal was made that it is owed approximately £7m in loans made to Bury while Day owned the club.
James Frith, the MP for Bury North, told the Guardian: “I am dismayed to learn that Bury’s current owner may not have passed through the ownership regulations which the EFL are supposed to administer prior to any completed takeover. All Bury FC fans will want to know, as I do, what on earth these rules are for.”
Dale had not responded to a series of questions from the Guardian at the time of publishing [Post edited 11 Jul 2019 22:24]
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LADIES AND GENTLEMEN PLEASE WELCOME, JOINING US ON SKYPE FROM MYANMAR, YOUR NEW / RETURNING OWNER OF BURY FOOTBALL CLUB, MR. STEWART DAY!!!
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| tomorrow can't come quick enough on 22:54 - Jul 11 with 3486 views | Daley_Lama |
There was talk from bury fans appealing any -12 point deduction from the FA as they had not done due diligence when considering the Dale takeover and fit and proper test.
As in Conn’s article, they were not notified of the change of ownership and have pursued the required evidence since made aware.
I don’t think any appeal would go very far based on this. |  |
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| tomorrow can't come quick enough on 00:02 - Jul 12 with 3363 views | RAFCBLUE |
So the EFL didn't ratify the December 2018 takeover but did ratify the May 2019 ”promotion”, including releasing fixtures for 2019/20.
Both parties deserve one another and everything that is coming.
The quicker they are put out of their misery, the better. | |
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| tomorrow can't come quick enough on 01:20 - Jul 12 with 3290 views | KenBoon |
Wasn't old grizzly saying what a swell guy ex-efl chief Shaun Harvey is in one of his WITHOUT PREJUDICE statements?
Whatever the well-known failures of the Football League are, this is not their fault. This is the fault of years of over-spending. Their local MP could perhaps ask the fanbase why so many enjoyed a ride that was so obviously built on cupcakes and cobwebs. Ask them why those supporters who were concerned were shouted down and insulted. Once he has those answers he can ask the efl, in the style of Eliot on Going Live, why they're so f**king crap? |  | | |
| tomorrow can't come quick enough on 07:28 - Jul 12 with 3101 views | 1907 |
Had to share this cracker:
“All this makes the players/ backroom staffs achievement look even greater , the Efl now let Plymouth etc pick at a carcass they helped create , it's criminal , were it millwall , Pompey etc I'm sure the Efl would have been intimidated to act to find a suitable owner.”
Criminal they say.
Always the victim! [Post edited 12 Jul 2019 7:28]
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