Soccer-Buyer found for Bury FC and the club's home ground

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(Reuters) - A buyer has been found for twice FA Cup winners Bury FC and their Gigg Lane stadium after the club were expelled from the Football League (EFL) in August 2019 due to financial problems, administrators said in a statement on Friday.

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Administrator Steven Wiseglass had been overseeing the sale of the club's 12,000 capacity ground and other assets.

"We have accepted an offer to purchase the Gigg Lane stadium and other assets, and have agreed heads of terms with the interested party," said Wiseglass, director at Inquesta Corporate Recovery and Insolvency.

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