Bury face 14-day deadline to avoid EFL expulsion as Carabao Cup tie suspended | Football
Bury’s Carabao Cup match against Sheffield Wednesday next Tuesday has been suspended, the Football League has announced.
The League One club have already had their opening two games of the season, against MK Dons and Accrington, postponed over their failure to provide assurances regarding their financial obligations.
In a statement the EFL said: “The club had been set a 5pm deadline on Wednesday 7 August 2019 by the League who were seeking further information into how they planned to meet its commitments in respect of football creditor debts, payment to unsecured creditors as part of the Company Voluntary Arrangement (CVA), alongside source and sufficiency of funding for season 2019-20.
“Following extensive discussions and correspondence between the club’s ownership and the league, the additional information provided lacks the clarity required and as a result of the league not being able to defer the decision any later than today, the club’s Carabao Cup tie on Tuesday 13 August 2019 will not take place as scheduled in accordance with Carabao Cup rules.”
Bury’s owner, Steve Dale, has not satisfied the league that Bury have the money for wages still owed to the players who won promotion from League Two last season, most of whom have since left, as well as the funds to meet day-to-day obligations.
Dale secured a company voluntary arrangement in June that commits to paying unsecured creditors 25p for every £1 owed, which saw off a winding-up petition.