Bury Need £1million in Days or Go Bust

League One club Bury FC need £1m of external investment in days to avoid going out of business according to the chairman.

Chairman Brian Fenton has reached out to local businesses to help save the club.

Fenton said: “As you are well aware, Bury FC has been experiencing financial difficulties all season and we are currently in a transfer embargo imposed by the Football League because of our short-term loan from the Professional Footballers’ Association.

“At this moment in time the situation is now critical, we are quickly running out of money by trying short-term fixes that are not working long term.

“The club desperately needs £1million of external investment to secure the long-term future of the club.

“Without this investment the club will cease to trade and there will be no more professional football played at Gigg Lane.

“We are looking for a number of people, local businessmen or women to join a consortium and invest £100,000 each, with a guaranteed payback.

“If you are interested please call the club and we will explain in detail our business plan. We need you now because I repeat the club will close.

“We have a responsibility to all of our staff, players and creditors to not allow the situation to get any worse.

“This plea is serious; if you can help us and at the same time enjoy a return on your investment please contact the club.”