Buyer found for Bury FC and the club's home ground
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. Administrator Steven Wiseglass had been overseeing the sale of the club's
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.Administrator Steven Wiseglass had been overseeing the sale of the club's 12,000 capacity ground and other assets.
A consortium headed by supporters group Est. 1885 have entered a period of exclusivity to buy the club and ground."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.
"We remain hopeful that the deal will be completed in a timely fashion and will be a major step towards securing the future of football at Gigg Lane."My hope has always been that Bury FC could be rescued and seek readmission to the football pyramid system, and this now seems a step closer to becoming a reality." headtopics.com
The 136-year-old club have been inactive since the EFL expelled them after former owner Steve Dale failed to provide proof of funds for the 2019-2020 season.The third-tier club was placed into administration in November 2020.Bury joined the Football League in 1894, nine years after they were founded, and won the FA Cup in 1900 and 1903.
(Reporting by Dhruv Munjal in Bengaluru; Editing by Ken Ferris) Read more: CNA »
Ratio of youth infected with Covid-19 up in past month; group urged not to ‘take chance’ on vaccination
SINGAPORE — Young people should not assume that they are protected from Covid-19 and thus do not require vaccinations, the Health Ministry’s director of medical services Kenneth Mak said on Saturday (Nov 20).
Bayern coach Nagelsmann tests positive for COVID-19 - clubMUNICH, Germany : Bayern Munich coach Julian Nagelsmann has tested positive for COVID-19, the club said on Thursday, a day after he missed their 4-0 Champions League win at Benfica in Lisbon with 'flu-like symptoms.''He (Nagelsmann) will return to Munich separately with an ambulance flight and will go int
Premier League sponsorship rule shows clubs are worried - Saudi ministerPremier League clubs passing a temporary rule to stop teams from agreeing sponsorship deals with companies linked to their owners shows Newcastle United's rivals are worried, Saudi Arabia's Finance Minister Mohammed Al-Jadaan said on Thursday.Newcastle were taken over earlier this month for 305 million po
US appeals court rules against nursing homes over COVID-19 lawsuitsIn a setback to nursing-home operators facing hundreds of COVID-19 negligence and wrongful-death lawsuits, a federal appeals court on Wednesday (Oct 21) said cases against two New Jersey facilities should proceed in state courts. The nursing homes had argued that the suits against them belonged in federal
Covid-19: No visitor rule at hospitals, residential care homes extended till Nov 21
Level up meals at home with Golden Chef's new launchesIf you are looking to elevate your homecooked meals with quality yet affordable products, then Golden Chef from FairPrice is the one for you. The premium Asian cooking brand, which is endorsed by local celebrity chef Eric Teo as his No. 1 trusted choice for cooking, is most...