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Friday, 15 March, 2002, 14:57 GMT
Bury given survival lifeline
Bury FC directors Fred Mason and John Smith
Bury FC directors Fred Mason (left) and John Smith
Cash-strapped Nationwide League football club Bury has been given a further six weeks stave off financial ruin.

The second division club was placed into administration two weeks ago after creditors demanded payment on a 1m mortgage.

On Friday the High Court sitting in Manchester extended the club's administration period to 26 April.

That is five days after Bury's final league match away to Peterborough, meaning the club should be able to see out the remainder of the season.

Rescue package

The club now has six weeks to negotiate with a number of interested parties in an effort to shore up its long-term future.

Bury supporters have formed a group called Save Our Shakers (SOS) and the football world has rallied round in the past couple of weeks.

The court extension gives the club time to talk to potential buyers and major creditors and to put together a package to take it through the close-season.

Bury has doubled home gates in the past couple of games, raised over 100,000 from the sale of seats at Gigg Lane and pulled in donations from around the world.

Bucket collections

A bucket collection outside Old Trafford before Manchester United's Champions league game against Bayern Munich on Wednesday night raised 14,000.

Buckets have also been passed around at Bury home and away matches to raise funds.

No football league club has gone under since 1992.

The Football League, Professional Footballers' Association (PFA) and Supporters Direct have all tried to help Bury FC.

Bury FC club badge
Bury has raised 100,000 from seat sales

At a news conference at the club's Gigg Lane stadium Matt Dunham, of administrators RSM Robson Rhodes, thanked supporters for getting it through the past two weeks.

He said: "Being able to continue until the end of the season has only been achieved through the hard work of the club's loyal supporters through the Save Our Shakers campaign.

"That has helped to reduce some of the financial pressures.

"The response has been overwhelming - not only from the fans of Bury but from all football supporters around the country and around the world.

"It has heartened everybody involved with the club and I hope that we will continue to see increased attendances at the remaining home games."

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15 Mar 02 | Bury
Bury fight for survival
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