Greater Manchester Police have started a fraud inquiry into the cash crisis that ultimately led to Bury’s expulsion from the English Football League last week.
Bury MP James Frith is seeking a meeting with the English Football League to request that the town’s football club is reinstated to Sky Bet League Two next season under new ownership.
Bury owner Steve Dale has called for a “private ballot” to reinstate the club in the English Football League.
Bury have expressed their “astonishment and dismay” at the English Football League following its decision to expel them from the competition.
Former Bury boss Ryan Lowe has denied claims he overspent on players during his time at Gigg Lane and says he actually saved the club one million pounds.
Bury’s 125-year stay in the English Football League came to an end on Tuesday when the Shakers were expelled from the league – a move that will almost certainly lead to their liquidation.
Bury supporters have been advised keeping Gigg Lane is key to starting a phoenix club after the Shakers’ English Football League membership was withdrawn at 11pm on Tuesday night.
The decision to expel Bury from the English Football League has left its boss Debbie Jevans “devastated” but she has promised to launch an investigation into what happened.
Bolton are on the verge of liquidation after the English Football League gave their administrators 14 days to either sell the League One club or prove they can fund them for the rest of the season.
The battle to save Bolton from bankruptcy has gone into added time after the League One club’s administrators missed a 5pm deadline on Tuesday to complete a takeover by the Football Ventures consortium.
Bolton administrator Paul Appleton says the future of the club “is still in doubt” but hopes there will be a “positive outcome” before today’s 5pm deadline set by the English Football League.