THE fight to keep Bury alive took a new twist late on Tuesday night amidst claims that the Football League MISUNDERSTOOD a plan to transfer funds to buy the club by 9am on Wednesday morning.
SunSport understands SJ Global International were in place to buy the Shakers and were in the process of agreeing the best way to transfer £6MILLION in funds.
However, former Gigg Lane secretary Jill Neville – mother of former Manchester United stars Gary and Phil – took a call from EFL lawyer Nic Craig late on Tuesday night telling her that the finds had been rescinded.
This, according to sports lawyer Chris Farnell, was not the case and that controversial owner Steve Dale had accepted the deal.
He revealed that all SJ Global International were trying to do was to ascertain the best way to ensure that the funds arrived safely – ensuring the survival of Bury.
SJ Global has offices around the world and is mainly owned by a Brazilian.
The offer to buy Bury came in late on Monday and the EFL were immediately contacted by Farnell who in discussions, he says, made it clear that it appeared to meet all financial criteria.
The EFL late on Tuesday night issued a shock statement declaring that Bury had been expelled from the EFL – effectively making the club extinct and chair Debbie Jevons declared the situation as “ a dark day” for the game.
Yet those battling to save Bury were convicted that SJ Global had come to the rescue and were stunned by the EFL announcement.
What Bury’s EFL Exit Means For League 1 and League 2 Promotion And Relegation
BURY have been kicked out of the Football League after 125 years – and Bolton remain in danger of likewise.
League One is now down to 23 teams and that will affect promotion and relegations in two division.
A statement issued on Wednesday morning at 12.10am by Chris Farnell said: “This is devastating news for Bury FC.
“All of the Clubs senior staff are amazed that the Club was not allowed a small extension for a period of a few hours, in order that funds in excess of £6 million to be deposited into an account to provide proof of funds to the EFL.
“This was a genuine offer and up until the EFL announcement the funds were in the process of being transferred.
“Now that opportunity to save the Club has been taken away from Bury FC.”
Farnell added: “On Wednesday morning we intend to try to make the EFL rescind their decision to expel Bury Football Club.
“The fight to save the Shakers goes on.”