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.
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.’
The numbers you crunch tell a story. Your expertis...
24yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleAs the January scramble subsides, a new reality is setting in for the UK’s accountancy leaders. With Private Equity capital flooding the mid-tier and ...
View articleEmbedded finance is no longer an optional add-on—it’s a board-level priority and a critical growth strategy for UK corporates. With 38% of C-suite lea...
View articleSupplier Finance Arrangements (SFA), including reverse factoring and similar structures, have become an integral part of modern working capital manage...
View articleMany people assume that accountants should also be world-class money managers. But to succeed in the profession, you’re inevitably likely to be time-p...
View articleSedulo Group has reshaped its Tax Advisory division in response to rising demand for specialist advice across entrepreneurs, family businesses, corpor...
View articleNeil Woodford and Woodford Investment Management have been fined £46 million by the FCA for failures in managing the Woodford Equity Income Fund, whic...
View articleCritical financial distress among UK businesses rose sharply in the second quarter of 2025, with nearly 50,000 companies now struggling to stay afloat...
View articleTechnology CFOs are rethinking how their organisations handle indirect tax, moving beyond manual processes and siloed systems to convert compliance in...
View article