Pretty good trolling by Price of Football here [Link]

 On Twitter - the new owners don't look financially secure also. Their latest accounts show debts. Do no businesses try and balance their accounts anymore?

 It's an unwritten rule that with the possible exception of Bury (and I think they'll end up surviving after all), for all the talk of clubs going bust etc none ever do

 ‘Breaking’. Bury’s fate to be decided by a three-man commission: Sir Philip Green, Fred Goodwin and Eddie ‘the Eagle’ Edwards.

 Kentish, surprised you’ve gone down the rugby league chipped shoulders from 25 years ago defence/argument!!

 If Bury go down the toilet they can start again. A mug will buy Bolton because of its fanbase, ditch the debt and 15,000 trotters will turn up for L1 football. How some of you expect the EFL to deal with any of that I’m not sure: they operate under company law that conveniently some now call a race to the bottom, despite it existing for decades.

 And Bury will not be the last one. [Link]

 IMO they'll get another extension, until about Wednesday

 It appears that 9.45 was when the board meeting starts - statement will follow when they have finished.

 doesn't = doesn't happen...

 It's not exactly a fun time for Bury fans as it is, without being told there's a statement then it doesn't...

 Naz - because it would just encourage the likes of Dale and then far more lower league clubs would spend beyond their means, expecting to become 'B clubs' if it failed.

 The England fly half & inside centre (one halfback, my mistake) are lads from Wigan and Oldham who grew up playing league. Sam Burgess decided to go back to Sydney where is a major star earning squllions in the NRL rather be a grunting flanker for Bath. Fair enough.

 Nothing from the EFL yet. Are their statements released by iFollow?

 Good luck to the Dons and travelling Wombles today. Hope your journeys weren’t/aren’t too disrupted and you enjoy the big stadium atmosphere if not the result. 3-1 to the Black Cats, 24,500. Our season starts in September.

 Sam Burgess is one of our half backs? I thought he went back to rugby league because he couldn't hack it in union.

 Morning all. Apparently a statement from the EFL re: Bury is due at 0945 (ie ten minutes time)

 From the Guardian article the delay is to see if the creditors can be paid and the staff get their back pay. This is a correct thing to do. Their continued existence should be about whether they can pay their debts.

 Of course, OI! If you don’t believe me, look at who are the current halfbacks for the England XV.

 country not company obviously

 a4e - it is obviously dodgy, if they are not genuine debts it is also illegal, but company law does allow such practices, pre pack CVAs tend to be equally dodgy. We want to be a company of entrepreneurs and go-getters.

 OI - I know nothing about company law, but I know when something looks dodgy. This looks dodgy as f*ck.

 a4e - because the law says it is legal to do so. You need tightening up of company law, then the EFL can be tougher. People seem to think that the EFL has a magic money tree, it doesn't, it is a way of collecting and channeling money to the members.

 You mean they'd take over rugby union like Sam Burgess did KD?

 Wags - that article shows that this is fraud pure and simple! Even if it’s “technically” within the law, surely it doesn’t make those involved fit and proper to ever have any involvement with a club in the future..... but then again, corrupt businesspeople know their way around the rules, so they’re often Teflon when it comes to being prosecuted. In this instance, Dale has pretty much been laundering, but by not commenting, he gets away with it. I wonder whether the new “buyers” will stand up to proper scrutiny......