, 11 tweets, 4 min read
At face value...

Stewart Day had sold the stadium which has a debt on it of around £3.7m. The interest charged, eye watering.

He had sold car parking spaces, around 250 of them, at £10,000 a pop.

Without a deal to settle these liabilities there was no hope.

So that’s £6.2m
Add in..

Football creditors.
Steve Dale’s cash spent.
The CVA costs.

And you’re north of £10m by some way.

Then add in the requirement to fund the club through.

Then the fact there’s no settled manager, no team.

More points deductions.

Almost certainly @SkyBetLeagueTwo
...club next year.

Add on this the unknown creditors that always crawl out of the woodwork.

It just got way too risky and way too expensive for ANY buyer.

The death of @buryfcofficial was set in train years ago.

When Steve Dale started to see reality he knew the..
...club could not survive its debt burden.

He had walked into a hornets nest.

That’s what was happening behind the scenes, an attempt to pull debtors and fixed charge holders together.

It’s exactly the same situation @OfficialBWFC
None of this matters right now because OUR FIRST @EFL club has been expelled.

All along the @buryfcofficial @OfficialBWFC timelines there was opportunity for intervention.

We need to examine these and change the rules.
The truth is EVERYONE let @buryfcofficial down except for the folk that really matter in all this...

...the supporters, staff and community.

@JamesFrith fought valiantly, he’s the perfect MP regardless of political party.

He cared enough to put his neck on the block.

We need
..more like him that actually give a shit. That say the social rot going on in northern towns HAS to end.

I didn’t tweet last night because I’d have gone too far.

Let’s not look back in 10 years and try to rebuild a pyramid, devastated by poor distribution and regulation.
Let’s not be arguing that there should be a tax on online shopping to protect High Streets that have already died.

Let’s decide NOW what we want for football, what role we want it to play in society and communities.

If we want a vibrant pyramid or if we want just 20 or 40...
...professional teams, the rest being discarded, whatever...

...let’s decide and plan NOW, measuring progress towards the desired target.

The fact is football hasn’t got a long term structured plan.

And that’s a recipe for disaster.

I’m gutted for @buryfcofficial ...
...it’s been like watching a slow motion train wreck.

We desperately need to learn the obvious lessons from this catastrophe. We need a post mortem.

But for now let’s dwell on this:

A club has died and it’s OUR fault.
Good morning BTW.
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