Partly Cloudy

Partly Cloudy

max temp: 6°C

min temp: 2°C

Search

Bury St Edmunds: Bury Town are not in danger of folding, says chairman Russell Ward

17:30 07 January 2014

Russell Ward

Russell Ward

Bury Town are NOT in danger of folding.

shares

Chairman Russell Ward today published a statement on the Suffolk club’s web-site, admitting that the Blues were suffering from a “tight cash-flow situation at the moment,” and that these were “hard times” for the Ryman League Premier Division outfit.

The departures of three high-profile players, over the last few weeks – Shane Tolley, David Bridges and Ryan Semple – have highlighted the financial difficulties currently experienced at Ram Meadow, in particular the struggle to pay players’ wages in full.

However, Ward remains upbeat about the long-term future of the Blues – Bury Town are one of the oldest clubs in the country – and confident that no more players will be leaving.

“We could not carry on as we were, just trying to deal with it,” explained Ward. “We have had to take stock, and be open and honest.

“I want to be pro-active, rather than reactive, and we are certainly not about to fold, as a club.

“Crowds have been down, and the early exit from the FA Cup did not help. We have also had to channel money into the new ground project, a five-figure sum, so all these pressures have come together.

“It’s a case of bringing the club’s finances back into line, because we want to be ahead of the game.

“The fact that a few players have left – though none of these were asked to leave – has meant that we now have a manageable situation, in terms of paying wages, so I don’t envisage any more players leaving.

“Hopefully, this squad will now remain intact until the end of the season,” added Ward.

Managed by Richard Wilkins since 2000, Bury have become an established club at Level Seven in recent seasons and, despite players being asked to take a pay-cut at the end of November, the team have won five and drawn the other two of their last seven fixtures.

Bury are currently eighth in the table, and are at home to Thamesmead Town on Saturday.

- Buy tomorrow’s papers for more.

shares

0 comments

Jo Harris worked at the B&M store in Copdock until 2013, and despite being an employee there was issued two fines of £70 for parking.

A group of former employees at a store in Ipswich have been left distraught after car park fines mistakenly issued more than two years ago has left them facing a court appearance.

Two charged over cannabis factory

A78-year-old Ipswich man is one of two people to have been charged after police raided a cannabis factory near Stowmarket.

Northgate High School GV.

A former teacher at an Ipswich secondary school is to appear in court charged with alleged sex offences involving teenage girls.

Do you know where this church is?

Take a look at our selection of photos - how many Suffolk churches can you identify?

Share your pancake photos with us

Live news feed bringing you the latest headlines, sports stories and opinion from across Suffolk and north Essex.

Charity Commission inquires into Ipswich charity

An Ipswich charity is the subject of a statutory inquiry over alleged misconduct in the way it is run.

Dress rehearsal of Cabaret at Farlingaye High school. Harry Longbottom and Verity Poulston as Cliff and Sally.

Fifty years since it first hit the stage, this boundary-pushing musical is still worth making a song and dance about. The cast of Cabaret are saying ‘willkommen, bienvenue, welcome’ to Farlingaye High School, Woodbridge, this week.

Speeches at the conference came from people in the legal profession, criminal investigation and charity workers.

Why doesn’t she just leave? If you understand coercive control, that is a question you wouldn’t have to ask.

The launch of the Surviving Winter campaign, run by the Suffolk Community Foundation

Officials running the Surviving Winter appeal are hoping it will reach its £100,000 target by the end of this month – with last year’s total already beaten.

Leiston Middle School pancake races in February 1978. Do you recognise anyone?

Today as we mark Shrove Tuesday and the last day before Lent, we have dug into our archives of pancake day photos.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Great British Life

Great British Life
MyDate24 MyPhotos24