Bury

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Bury expelled from Football League; Bolton has 14 days

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This is a monumentally sad day for football.

Bury FC is no longer a member of the Football League, expelled from the league.

One of Bury’s historic rivals, Bolton Wanderers, have only 14 days to avoid that fate.

[ MORE: League Cup roundup ]

For the first time since 1888-89, a season of English football will not include two-time FA Cup winners Bury, the only silver lining that the club was expelled on the heels of a thrilling promotion season.

A late takeover bid collapsed and Bury is now the first club to be expelled from the Football League since 1992. They are the only club to score at least 1,000 goals in each of the top four tiers of England.

As for Bolton, the Wanderers have 14 days to complete a takeover or it, too, will suffer the same fate. Here is the club’s statement, and the hopeful tone overlooks a dire likely pathway.

We note the statement from the EFL lifting the notice of withdrawal of suspension and giving 14 days to find a solution and complete a deal for the sale of the club.

All parties have been in continuous dialogue throughout the day and are working closely together this evening in order to bring a deal to completion. We will continue to  work through the night if necessary.

There will be a further update as soon as possible.

Bury on the brink; Bolton have hope

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The future of both Bolton Wanderers and Bury remains in serious doubt ahead of a English Football League deadline set for 12 p.m. ET on Tuesday.

Unless something drastic happens both will be liquidated, have their licenses revoked by the EFL and be expelled from the Football League.

A late bid from from C&N Sporting Risk to buy 134-year-old Bury collapsed, and that news spread around their Gigg Lane stadium as it was being cleaned by volunteers ahead of a possible weekend fixture against Doncaster Rovers.

C&N released a statement detailing how hard they had tried to save Bury, who have won the FA Cup twice in their history and had been promoted to their third-tier over the summer.

“We are grateful to the EFL for the short extension they granted to us so that we could continue with due diligence, and for their acceptance of our proof of funds capable of mounting a credible takeover… The complexities involved in each of these matters escalated and continue to do so. It is therefore with regret that we have decided not to proceed with the takeover of Bury FC. This decision has not been taken lightly. We fully understand the importance of the club to the community and it is with this in mind that we have informed the EFL of our decision at the earliest possible opportunity.”

The EFL released the following statement after hearing that C&N had pulled out of the deal to save Bury.

“The League announced at the weekend that it was working exclusively with the club and C&N in an attempt to finalise a change of control at the club. However, following a period of due diligence, C&N have opted not to progress matters. The League continues to be in discussions with Bury FC in advance of today’s 5pm deadline and will provide a further update as appropriate.”

As for Bolton, their situation remains dire as a potential takeover appeared to collapse on Monday.

However, Bolton’s administrator Paul Appleton released a more positive update on Tuesday ahead of the deadline.

“Following my statement of yesterday morning, I am glad to report there is continuing dialogue between the parties whose positions will ultimately decide the fate of the club,” Appleton said. “Myself and my team will continue to do everything possible to facilitate a deal and we will work tirelessly to get this finalised for the club, fans, staff and wider community. The future of Bolton Wanderers is still in doubt but I have to believe there can be a positive outcome before today’s 5pm deadline set by the EFL.”

The Trotters had been fielding their youth team in League One games so far this season, but their most recent matches were called off due to fears over the players’ health.

Bury have yet to play a game this season, as they sit bottom of the third tier on -12 after reaching a company voluntary arrangement (CVA) which triggered an initial 12 point penalty. Bolton are second from bottom on -11 points.

Sunderland adds Premier League vets McGeady, Vaughan

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Sunderland have added two attackers in a bid to return directly to the Premier League.

One will be quite familiar to many soccer fans, as Aiden McGeady comes from Everton having spent time with Celtic and Spartak Moscow.

[ MORE: Transfer rumor roundup ]

The 31-year-old Irishman scored eight goals on loan for new Sunderland boss Simon Grayson while at Preston North End last season. He has 90 caps and five goals for the Republic of Ireland.

The other attacker is a bit more of an unknown despite having seven Premier League goals to his name, the last coming in 2011 at Everton.. James Vaughan had a career season after dropping down to League One last season, where he scored 24 times in 37 matches.

The Black Cats have now added four players, all with connections to Everton (Earlier this window Sunderland added Tyias Browning and Brendan Galloway on loan from the Merseyside set). That’s a bit ironic given that longtime Toffees boss David Moyes left Sunderland this offseason.