Very sad news from England today, as Bury FC, founded 134 years ago and twice winners of the FA Cup, have gone from promoted to League One last year to being expelled and dissolved. Bolton Wanderers, a more famous club who played in the EPL as recently as 2011-12 and were founding members of the football league, have 14 days to avoid a similar fate. This also happened to Portsmouth at the end of the 2012-13 season, but supporters raised enough money to keep the club solvent.
In this day and age of clubs throwing 100 million or more at a transfer, it’s just sad that smaller clubs with that kind of history can’t survive.