Owner Steve Dale tells BBC Radio Manchester he has agreed a deal to sell Bury as a deadline for their possible expulsion from the EFL approaches.
The club, which has had its first six games of the season suspended, has been given until 23:59 BST to prove it can pay off creditors and has funding in place to complete the season.
An update issued at 17:00 BST by the English Football League said “limited progress” had been made in either providing the evidence or finding a buyer for the League One club.
More to follow.
