We are delighted to be able to announce confirmation that an agreement has been struck to return Bury FC to their home at Gigg Lane. 

It has been more than two years since football was last played at the historic ground, but this new deal could represent a fresh start for one of England’s oldest football clubs.

Our Director of Insolvency Services, Steven Wiseglass, is serving as the administrator for the football club. He announced that a deal had been secured, not only for the purchase of the historic Gigg Lane Stadium, but also rights, title, and interest in and to other assets, such as club memorabilia, goodwill, and intellectual property, namely access to the Bury FC name. 

The club was thrown out of the Football League in August 2019, and plunged into administration in November of the same year following a tumultuous period of financial mismanagement for the two-time FA Cup winners. Ever since, Bury’s home for 100+ years, since 1885 when the club was founded has stood empty. 

Attempts to enter the club in a lower division of English football, the National League were rejected by the Football Association ahead of the 2020/21 season, and in May 2021 it was announced that the 12-000 capacity stadium was being put up for sale. 

Fleurets Chartered Surveyors were also heavily involved in securing the deal, acting as the agent who marketed the stadium for sale. They were tasked with securing the best possible outcome for all stakeholders of The Bury Football Club Company Ltd.

Commenting on the sale, Mr Wiseglass said: “My hope has always been that Bury FC could be rescued and seek readmission to the football pyramid system, and this now seems a step closer to becoming a reality.”

There were a number of interested parties involved in the administration process, however a deal has now been struck. An offer has been accepted and heads of terms have been agreed. 

“We remain hopeful that the deal will be completed in a timely fashion and will be a major step towards securing the future of football at Gigg Lane,” added Mr Wiseglass. 

Until the sale has been completed, no further comment can be made on the matter.