BusinessCorporate FinanceRSM granted extension to ‘Save our Shakers’

RSM granted extension to 'Save our Shakers'

RSM Robson Rhodes has been granted an administration extension order for Bury Football Club - a move which will enable the club to complete its league programme.

The extension, given until April 26, will give joint administrators Michael Hore, Matthew Duhnam, and Charles Escott more time to find a buyer for the Nationwide Second Division football club.

Matthew Dunham said: ‘Being able to continue until the end of the season has only been achieved through the hard work of clubs loyal supporters through the ‘Save our Shakers’ campaign. That has helped reduce some of the financial pressures.’

The campaign needs to raise £600,000 for Bury to remain on the pitch. Old boy David Brooks from Australian band The Music Men, has released a CD in attempts to help save the club. Bury is also planning a march for the team on 13 April – the day of its last home game.

Bury went into administration on 1 March, following the collapse of takeover talks with the Mansport consortium – joining a raft of other Nationwide Second Division clubs which are struggling for cash.

Administrators are in talks with the chief executive of Bury Metro and other local businesses seeking further funding.

Dunham added: ‘The response has been overwhelming, not only from the fans of Bury bur from all football supporters in this country and around the world. It has heartened everybody involved with the club.’

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