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Bury FC Courtcase

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Re: Bury FC Courtcase

Postby Spiritater » Wed Apr 10, 2019 5:35 pm

Yes David, I didn't want to mention the 's' word though as it'd start another plottical sidetrack for whiffy n Sneagers
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Re: Bury FC Courtcase

Postby The One » Wed Apr 10, 2019 5:36 pm

Spiritater wrote:Yes David, I didn't want to mention the 's' word though as it'd start another plottical sidetrack for whiffy n Sneagers



See you Saturday bud, short one junction drive up M1 for us :)
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Re: Bury FC Courtcase

Postby Spiritater » Wed Apr 10, 2019 5:40 pm

Alas I'm working so can't make it, I'll just have to tune into Stevo on the radio after I've finished.
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Re: Bury FC Courtcase

Postby S7AGS » Wed Apr 10, 2019 9:04 pm

If the players have not been paid is that not breech if contract? If so get in there and snap up mayor/Maynard ready for l1
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Re: Bury FC Courtcase

Postby Tippy Tappy Football » Wed Apr 10, 2019 10:02 pm

An interesting statement from the Bury Chairman.

"There will need to be major changes in the Club to sustain its existence, it can no longer act like a premiership club as the previous owners aspired to and it needs to be cutting its cloth accordingly to guarantee its future.."

"There are many issues within the Club that need addressing, take it from me what you see is not what you get, it serves certain people who do not have the interest of the club to heart only their own personal agenda but spin clouds this, time will show who these people are."

https://www.buryfc.co.uk/news/2019/apri ... gi4SacUYqM
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Re: Bury FC Courtcase

Postby Mr Grimsdale » Thu Apr 11, 2019 6:30 am

Spiritater wrote:As I've mentioned before, when this sort of thing happens with wages doesn't the PFA step in to cover it in the immediate term?



From what I've read the PFA Union Chief could pay them with his own wages.
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Re: Bury FC Courtcase

Postby bellwhiff » Thu Apr 11, 2019 7:21 am

Mr Grimsdale wrote:
Spiritater wrote:As I've mentioned before, when this sort of thing happens with wages doesn't the PFA step in to cover it in the immediate term?



From what I've read the PFA Union Chief could pay them with his own wages.

And he’s an ex Bury player.
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Re: Bury FC Courtcase

Postby Tippy Tappy Football » Mon Apr 15, 2019 3:40 pm

Have the Bury players been paid yet?

https://www.northamptonchron.co.uk/spor ... -1-8890571
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Re: Bury FC Courtcase

Postby Tippy Tappy Football » Tue Apr 16, 2019 5:12 pm

I have just been reading the Bury blog "Bury Me In Exile". He has written an article calling on new owner, Steve Dale, to get out of Bury football club. He is seriously worried that the club is going to end up in liquidation.

He provides a link in his blog to research that Shrewsbury Town fans carried on Steve Dale back in December where they discovered lots of his previous companies had gone bust leaving unsecured creditors owed millions of pounds. He sounds like a John Batchelor figure who turns up in an untaxed Rolls Royce with an illegal number plate. He is also living in a house in Prestbury which he has rented from a Premier League football player. He seems to have been a director of 24 UK companies. Only two are still in existence and their accounts are way way out of date. The others have mainly gone into compulsory liquidation or have been compulsorily wound up.

I can understand why Bury fans are seriously worried.

https://burymeinexile.com/2019/04/12/ge ... ball-club/

http://blueandamber.proboards.com/threa ... z5lHEpqcVJ
Last edited by Tippy Tappy Football on Tue Apr 16, 2019 5:30 pm, edited 2 times in total.
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Re: Bury FC Courtcase

Postby Tippy Tappy Football » Tue Apr 16, 2019 5:20 pm

How did Steve Dale pass the EFL and FA's fit and proper ownership test?

Building Hire and Leasing Ltd
"On 4th November 2011, Steven Dale was appointed as a Director of Building Hire and Leasing Ltd.

On 25th November 2011 the Company's Assets such as plant and machinery, stock, hire fleet and client rental contracts were transferred to Dale Acquisitions Ltd.

On 11th January 2012 Dale resigned from Building Hire and Leasing Ltd.

On 28th July 2015, Building Hire and Leasing Ltd was dissolved. Unsecured creditors who put in claims were owed £2,385,498. Those who failed to claim were owed £724,496. They didn't receive a penny.

Dale Acquisitions Ltd's Accounts and Confirmation Statement are both seriously overdue. It has 3 charges registered against it.

On 5th January 2019, Dale Acqusitions Ltd was wound up by the Courts."


Prior to its compulsory winding up, administrators had been appointed to on 29 August 2012. On the Companies House website are two Court Orders dated 14 March 2015, one terminating the administration and one ordering that the company be wound up. To the first of these is appended the final report of the joint administrators, from which the following is a direct quote:

"4.1 In accordance with the Company Directors Disqualification Act 1986 I have submitted a report on the conduct of the Directors of the Company to the Department for Business Innovation and Skills. As this is a confidential report, I am not able to disclose the contents.
[...]

"4.3 My investigations revealed the following issues namely transfer of assets at undervalue, preference payments and trading whilst insolvent."


Roscoe Industries Ltd
"On another of Mr Dale's companies, Roscoe Industries Ltd, the joint compulsory liquidators' final progress report dated 23 March 2017 also makes interesting reading:

"2.2 I was advised on my appointment by the Official Receiver that the company may own or have an interest in two office units at 180 West Regent Street, Glasgow. I wrote to the director and asked if this was correct and to advise the nature of the company's interest, what the properties were used for and whether or not they were currently occupied.

"2.3 The director responded to advise that the company had been unable to secure funding for the proposed purchase of the properties and the sales therefore did not go ahead.

"2.4 I instructed solicitors to undertake Land Registry searches to identify the ownership. The Land Register indicated that Dale Acquisitions Limited, the company's former registered name, was the proprietor of the offices.

"2.5 I wrote to the director to advise him of the same. He failed to provide any evidence to suggest that the units were not owned by the company. I sought legal advice on how to deal with these properties in light of the director's comments. My solicitor advised that as the Land Register showed that the properties were owned by the company I was entitled to proceed on that basis."
[...]

"2.19 On my appointment the petitioning creditor advised me that they were aware that the company had a substantial amount of plant and machinery in 2013. I wrote to the director and asked what the current position was in respect of these assets and if the company still owned them to advise where they were located and provide me with an up to date schedule. Alternatively I asked if the assets were no longer owned by the company for copies of any sale documentation to evidence this.

"2.20 The director responded to advise that the company had sold the assets and that the liabilities of the company exceeded the value of these goods. I requested further information and documentation [...] however no response was received.

"2.21 The Official Receiver applied for the public examination of the former director of the company on 30 March 2015 as he had failed to co-operate. The former director failed to attend and therefore a warrant for his arrest was issued. The former director attended the Official Receiver's office for an interview however he did not provide any more information in respect of the sale.

"2.22 I determined, based on the limited information and documentation I had and the lack of co-operation from the director that it was not economical to pursue this claim any further."

Footnote: Dale Acquisitions Ltd (company no 07793260) was formed on 30 September 2011, four days after the purported transfer of assets from Building Hire and Leasing Ltd. It changed its name to Roscoe Industries Ltd on 20 January 2013. The present Dale Acquisitions Ltd, company no. 06758422, changed its name from Roscoe Park Ltd on 16 January 2014.

http://blueandamber.proboards.com/threa ... -ownership
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Re: Bury FC Courtcase

Postby Tippy Tappy Football » Tue Apr 16, 2019 5:38 pm

Fair play to former Bury assistant manager, Chris Brass. He agreed to a deferral of the £140,000 he is owed as long as the players and staff were paid their March salaries.
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Re: Bury FC Courtcase

Postby Foresttownstag » Tue Apr 16, 2019 7:37 pm

Despite Bury’s financial issues they have today released season ticket prices. Fantastic value and I would like to think we could offer something similar.

Adults £250 (£350 after early bird)

OAP/U23 £140 (£225 after early bird)

1 adult, 1 child £260 (£375 after early bird)

U18 £75

U12 £25

U5 Free
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Re: Bury FC Courtcase

Postby Tippy Tappy Football » Tue Apr 16, 2019 7:42 pm

The new owner is probably hoping to use season ticket money to pay off the debts. If I were a Bury fan I would be keeping my money in my pocket for the time being and waiting for the next court hearing. They might need to set up AFC Bury.
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Re: Bury FC Courtcase

Postby Stags 2002 » Tue Apr 16, 2019 9:01 pm

Foresttownstag wrote:Despite Bury’s financial issues they have today released season ticket prices. Fantastic value and I would like to think we could offer something similar.

Adults £250 (£350 after early bird)

OAP/U23 £140 (£225 after early bird)

1 adult, 1 child £260 (£375 after early bird)

U18 £75

U12 £25

U5 Free


Agree fantastic prices, it would be nice if we can do the same.

1 adult, 1 child is great value for money.

Hopefully given the recent kids go free offers the club have got the message this year.
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Re: Bury FC Courtcase

Postby Spiritater » Tue Apr 16, 2019 9:06 pm

Stags 2002 wrote:
Foresttownstag wrote:Despite Bury’s financial issues they have today released season ticket prices. Fantastic value and I would like to think we could offer something similar.

Adults £250 (£350 after early bird)

OAP/U23 £140 (£225 after early bird)

1 adult, 1 child £260 (£375 after early bird)

U18 £75

U12 £25

U5 Free


Agree fantastic prices, it would be nice if we can do the same.

1 adult, 1 child is great value for money.

Hopefully given the recent kids go free offers the club have got the message this year.


It was hardly a roaring success though.
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Re: Bury FC Courtcase

Postby MTFCMAD » Tue Apr 16, 2019 9:08 pm

Spiritater wrote:
Stags 2002 wrote:
Foresttownstag wrote:Despite Bury’s financial issues they have today released season ticket prices. Fantastic value and I would like to think we could offer something similar.

Adults £250 (£350 after early bird)

OAP/U23 £140 (£225 after early bird)

1 adult, 1 child £260 (£375 after early bird)

U18 £75

U12 £25

U5 Free


Agree fantastic prices, it would be nice if we can do the same.

1 adult, 1 child is great value for money.

Hopefully given the recent kids go free offers the club have got the message this year.


It was hardly a roaring success though.


:roll:

1000 Extra dans at each game.
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Re: Bury FC Courtcase

Postby wayno cordiniho » Tue Apr 16, 2019 9:10 pm

I’d say it was a success, attendances increased... what more d’ya want?!
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Re: Bury FC Courtcase

Postby Spiritater » Tue Apr 16, 2019 9:12 pm

I said 'roaring' success.
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Re: Bury FC Courtcase

Postby wayno cordiniho » Tue Apr 16, 2019 9:25 pm

Think any other industry would class a 25% increase in sales as pretty **** hot to be honest.
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Re: Bury FC Courtcase

Postby Spiritater » Tue Apr 16, 2019 9:52 pm

But they soon faded away, last gate back to what it was before the offer.
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Re: Bury FC Courtcase

Postby Chrisuknottm » Wed Apr 17, 2019 5:19 am

Going back to Tippy Tappys original comment where are the EFL in all this passing Steve Dale as fit and proper to run a football club.

They are always trumpeting their successes and window dressing achievements but how come they are silent on the important things that matter to clubs and supporters?

Add the Bolton fiasco to all this and potentially sanctioning a new owner who was previously banned for three years.......thank God for the Radfords....
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Re: Bury FC Courtcase

Postby Tippy Tappy Football » Wed Apr 17, 2019 11:25 am

I think the former Bury owner Stewart Day has to take some responsibility for Bury's current financial position. He took over at Bury in May 2013.

Bury have made £11,499,662 losses since 2008 but £9,918,560 losses from 2013-2017

He was clearly looking to quickly offload Bury to a new owner and it may be bad news for Bury fans that he sold the club to Steve Dale who has had a string of companies that have gone into liquidation or administration.

Bury FC
2007-2008: £876,105 Profit
2008-2009: £115,861 Loss
2009-2010: £557,056 Loss
2010-2011: £234,081 Loss
2011-2012: £46,584 Profit
2012-2013: £720,688 Loss
2013-2014: £1,602,630 Loss
2014-2015: £2,978,089 Loss
2015-2016: £2,518,530 Loss
2016-2017: £2,819,311 Loss
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Re: Bury FC Courtcase

Postby part time pete » Wed Apr 17, 2019 11:42 am

When clubs make these loses, where does the cash come from, or is it just a paper loss and not real in some way.
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Re: Bury FC Courtcase

Postby MTFCMusings » Wed Apr 17, 2019 12:03 pm

They should stick the word bucket in from of their nickname.
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Re: Bury FC Courtcase

Postby EdwinstoweStag » Wed Apr 17, 2019 4:03 pm

part time pete wrote:When clubs make these loses, where does the cash come from, or is it just a paper loss and not real in some way.


It’s very real to the creditors.
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