Loan Paid – Embargo Lifted
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Shakers get back on track with all PFA loans paid in full
The chairman and directors of Bury Football Club can confirm that all outstanding loans from the PFA have been paid in full. As a result of this, the Football League has confirmed to the club that any resulting transfer embargo has now been lifted.
The club also wish to stress to supporters that all outstanding debts to HMRC have also been paid in full, which in turn has wiped out a winding up order issued on the club by HMRC.
The Chairman and board of directors would like to conclude this statement by simply stating:-
‘This football club must never be placed in this situation again, and we hope that in the coming days and weeks, that our frustrated supporters will begin to see many changes and new ideas implemented into the club that will enable to keep this club on a sound financial footing.’
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