Following receipt of notice that the Company Voluntary Arrangement (CVA) has been passed in respect of Bury Football Club, the EFL can confirm that the Club has now suffered an insolvency event and will be subject to a 12-point deduction.
In accordance with EFL Regulations, the sporting sanction will take effect immediately and the Club will start the League One season on minus 12 points. The Club has seven days to appeal.
The EFL will now continue its discussions with the Club’s ownership with the aim of achieving a long-term future for the Club.