A Bury fans’ group has completed a deal to purchase Gigg Lane from the administrator.
The group known as Est.1885 also say they have acquired the trading name, history, and memorabilia of Bury FC.
Bury’s 125-year spell in the Football League ended in 2019 when they were expelled following financial problems, but this acquisition marks the start of the club’s rebirth.
An Est.1885 statement read: “We are delighted to announce that today we closed on the purchase of Gigg Lane from the Administrator, and it is now a community asset, free of debt or liabilities.
We have also acquired the trading name, history, and memorabilia of Bury FC. In this process we have attracted funding from the UK Government, America and a number of local benefactors, none of whom expect any more return from their support than the satisfaction of seeing football return to the ground, and its expanded use for community sports and wellbeing.
We are very grateful for the outpouring of volunteer support for the refurbishment of the stadium; more than 500 people have signed up and many local businesses have made kind donations. Details of when the refurbishment can begin will be announced in the coming days.”
