1. ITV Report

Chairman of crisis club Bury says he ''welcomes'' probe into finances

The chairman of crisis-hit Bury FC says he welcomes an investigation into the club's finances, as the League One outfit's fate hangs in the balance.

In an interview with Granada sports correspondent Chris Hall, Steve Dale urged fans and businesses to pledge £2.7m to satisfy financial requirements set by the English Football League(EFL) about the sustainability of the club.

Bury have until midnight on Friday August 23 to prove its viability or it faces being kicked out of the football league.

Mr Dale has refused to apologise to fans. He says the club's plight is down to the EFL - not himself.

In a statement released on Friday afternoon, the EFL said limited progess had been made on either side.

The EFL Board has this afternoon been appraised of the very latest position in respect of ongoing matters at Bury Football Club.

As of 5pm there has been limited progress made either by the current ownership providing the required evidence in regard to outstanding financial information, or through a change of control being achieved with new owners.

The EFL will continue to provide all support available and will keep working to find a resolution to the ongoing issues ahead of the Notice of Withdrawal deadline, which remains at 11.59 PM on Friday 23 August.

If a successful solution is not found ahead of tonight’s deadline, the Club’s share in the EFL will be withdrawn and its membership in the League will come to an end.

The EFL will move to confirm the position as soon as possible, with an update to be provided on Saturday 24 August.

– EFL Statement

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