Bury's been given a 14 day notice by the EFL to get their ducks in a row, statement here -
https://www.efl.com/news/2019/july/efl-statement-bury-fc2/
Iles believes the same will apply to us as well -
I'm not so sure it will -
What the EFL statement says that...
following an insolvency event, to be served with a notice of withdrawal of membership which, once issued, will give the Club 14 days to meet all outstanding requirements of the League’s insolvency policy or its membership in the EFL may be terminated.
Well we would have got the same when we were put into Administration.
It goes on to say...
The [EFL] Board has suspended the activation of this notice initially until close of business today (25 July) in order to give the Club additional time to provide the outstanding information it has requested on a number of occasions, which includes the means of payment of outstanding football creditor debts and source and sufficiency of funding.
So basically although the notice is given it is immediately suspended to allow the club to come up with a plan to pay the creditors, and is acceptable to the EFL.
Well FV have done that, it appears that although asked for the information from Bury several times, that they have not.
They go on to say that even if they don't get the required information from Bury that they may well give them a further extension in order to do so.
There is a second issue the EFL talk about which is whether the ground has a safety certificate and/or have staff to man the ground for the matches - even then the EFL talks about to SUSPEND club fixtures until they are able to do so.
In fact it looks as though the EFL are bending over backwards to help Bury but have had to start the 14 day period to prompt them into getting the required information the EFL wants to see from them as soon as possible.
As I've said FV have done that.
If however they walk away, there is no time for anyone else to step into their shoes.
https://www.efl.com/news/2019/july/efl-statement-bury-fc2/
Iles believes the same will apply to us as well -
For #BWFC fans - note the Bury statement. IF and when Wanderers exit admin they will also need to tick all these boxes, or face the same issues. https://t.co/s5muiWHVSx
— Marc Iles (@MarcIles) July 25, 2019
I'm not so sure it will -
What the EFL statement says that...
following an insolvency event, to be served with a notice of withdrawal of membership which, once issued, will give the Club 14 days to meet all outstanding requirements of the League’s insolvency policy or its membership in the EFL may be terminated.
Well we would have got the same when we were put into Administration.
It goes on to say...
The [EFL] Board has suspended the activation of this notice initially until close of business today (25 July) in order to give the Club additional time to provide the outstanding information it has requested on a number of occasions, which includes the means of payment of outstanding football creditor debts and source and sufficiency of funding.
So basically although the notice is given it is immediately suspended to allow the club to come up with a plan to pay the creditors, and is acceptable to the EFL.
Well FV have done that, it appears that although asked for the information from Bury several times, that they have not.
They go on to say that even if they don't get the required information from Bury that they may well give them a further extension in order to do so.
There is a second issue the EFL talk about which is whether the ground has a safety certificate and/or have staff to man the ground for the matches - even then the EFL talks about to SUSPEND club fixtures until they are able to do so.
In fact it looks as though the EFL are bending over backwards to help Bury but have had to start the 14 day period to prompt them into getting the required information the EFL wants to see from them as soon as possible.
As I've said FV have done that.
If however they walk away, there is no time for anyone else to step into their shoes.