Bury clear debts and appoint Day as chairman

Bury's takeover has finally gone through with the announcement that Stewart Day has been appointed as their new chairman.

The Shakers, who were relegated to npower League Two last season, faced closure after revealing they needed to raise £1million to survive last month.

And after three weeks of due diligence, the takeover deal fronted by Day has now been ratified and the Shakers' debts have been cleared.