CCFB Realisations 2022 Limited (00053268): administration
- Status
- Administration ended
- Administration began
- 2020-11-27
- Administrators
- Steven Wiseglass
- Administrators' firm
- FRP Advisory
- Formerly
- The Bury Football Club Company Limited
- Incorporated
- 1897-07-09
- Location
- Manchester
- Industry
- 93120 Activities of sport clubs
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Cash flow / liquidity pressure
From the administrators' statement
Bury Football Club is an English professional association football club based in Bury, Greater Manchester with Gigg Lane being one of the world’s oldest football grounds and has been the club’s home venue since 1885.
In 2001-02 financial problems caused by the collapse of ITV Digital brought the Club into Administration and to the brink of folding. The Administration process exited via a Company Voluntary Arrangement which was approved on 31 May 2002 and successfully completed on 15 May 2006.
In May 2005, Bury became the first football club to score a thousand goals in each of the top four tiers of the English football league. A year later, in December 2006, the club was expelled from the FA Cup after they were found to have fielded an ineligible player in a second-round replay win. In addition to that, the team’s 2006-07 league form was poor and they eventually finished in 21st place, the club's lowest-ever position, narrowly avoiding relegation from the Football League.
Administrators' statement of proposals (2021-01-21) · Companies House register