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Re: Bury & Bolton Wanderers liquidation
Once the influx of big money into the game by TV companies started ,it inevitably had a detrimental effect on the rest of the league No fairness in competing,no trickle down effect to help teams in lower divisions, just the usual scenario the biggest survive. I've looked at most teams accounts and in most circumstances non of them adhere to basic accounting principles, instead of a 2 to 1 ratio of assets over liabilities most have it the other way round, so my opinion is this will become the norm for football teams more in administration more being forced out of the league What a disgrace in such a short time that finance would dictate a 150 year old institution.
Recommended Local History websites.
www.oldtyneside.co.uk/ www.gatesheadeast.co.uk/, www.donmouth.co.uk/ and www.hebburn.org/