Bury have been expelled from the English Football League after a late takeover bid to save the 134-year-old club collapsed.
The two-time FA Cup winners were given a chance to complete a sale to sports analytics firm C&N Sporting Risk or face having their membership rescinded.
Supporters spent the morning cleaning the stands at Gigg Lane, hopeful that the ground would host their first fixture of the new season, But C&N withdrew their interest around 90 minutes before the deadline, citing “complexities” which could not be resolved before the deadline given.
“The club’s collapse “damaged many, many lives” and called for “the powers that be” to be held accountable.” Neil Danns said.
“People have got to stand up and be accountable because it’s damaged many, many lives. You see people crying outside the ground, young fans waking up this morning with no football team, and that’s a sad, sad situation in this day and age … There’s definite questions that have to be asked, not just of the owner and previous owners but also the powers that be.” He added
The EFL confirmed late on Tuesday night that Bury would be expelled and become the first team to drop out of the league since Maidstone’s liquidation back in 1992.
League One will be a 23-team competition for the remainder of the 2019-20 season, with three rather than four teams relegated where only one team will be relegated from League Two.
Bolton Wanderers, have been given 14 days to avoid expulsion from League One after talks between owner Ken Anderson and Football Ventures (Whites) Limited stalled over the weekend, leading administrators to claim that the club could be liquidated imminently.
Bolton will suffer the same fate as Bury on 12 September unless a deal can be resurrected.
“Despite further exchanges with the administrators over the course of the Bank Holiday weekend, and right up until today’s deadline of 5pm, a resolution to ongoing impasse in negotiations regarding a completion of sale at Bolton Wanderers has not yet been found,” the EFL said.
Bolton survived, Bury face the prospect of liquidation and reformation as a phoenix club. At the very least, the club will need to apply to rejoin the English football pyramid in the lower leagues.