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Bury administration history: every insolvency event since 1986
Bury has two insolvency events on record between 2002 and 2019, costing 12 league points in total. The most recent: expelled in 27 August 2019, League One.
Bury timeline
- · Second Division · Administration
Bury were placed into administration by their two directors with debts of about GBP 2.6m, and the High Court gave the administrator two weeks to raise GBP 370,000 or face winding-up. Fans' appeals raised money worldwide.
Owner at the time: John Smith and Fred Mason (directors)
Outcome: Survived. Club survived after a public fundraising appeal; relegated to the Third Division at the end of 2001-02.
Sources: The Independent: Shakers putting their faith in buckets
- · League One · Expelled · -12 points
Bury's creditors approved a CVA on 18 July 2019, an insolvency event for which the EFL imposed a 12-point deduction for 2019-20. After C&N Sporting Risk pulled out of a takeover, the EFL withdrew Bury's membership on 27 August 2019, the first expulsion since Maidstone United in 1992.
Owner at the time: Steve Dale
Outcome: Phoenix club. Club never played a 2019-20 fixture; the CVA was terminated on 9 March 2020. Phoenix club Bury AFC applied to the North West Counties League in 2020.
Sources: BBC Sport: Bury: Shakers given 12-point deduction by EFL after creditors approve rescue bid · Sky Sports: Bury expelled from Football League · BBC Sport: Bury owner Steve Dale renews attempts to settle debts after initial CVA terminated