Bury owner Steve Dale has turned down a new offer for the club, believed to have been made by a former chairman.

It is understood the offer would have secured the survival of the League One outfit, who have already had five games cancelled by the EFL this season.

The ex-chairman was told Dale thinks he can secure a better deal, even though the EFL has warned Bury they risk being kicked out of the League.

As it stands, the Shakers could be expelled from the League on 23 August.

Bury staff issued a statement on 12 August which “implored” Dale to accept an offer for the club, who are yet to play a competitive fixture this season.

The club have already been given a 12-point deduction for the season after entering into a company voluntary arrangement (CVA) – which is classed as an insolvency event by the EFL – to try to clear some of their debts.

The Shakers saw a winding-up petition against them dismissed by the High Court on 31 July, while Dale claimed the EFL was “working against” them.

EFL interim chief executive Debbie Jevans later said that the League was “not standing in the way” of the club’s survival.

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