Bury expelled from the EFL after take-over collapses

Bury's Gigg Lane ground Credit: ITV Granada Reports

Bury have been expelled by the English Football League after a takeover bid for the club collapsed.

The League One outfit had been given until 5pm on Tuesday to push the deal through and convince the EFL it could secure the club's future.

But the hopes of fans and many in the football world were dashed in a statement issued on Tuesday night by the League.

It said:

The EFL took its decision with ''enormous regret'' Credit: Bury have been expelled from the EFL

Bury captain Neil Danns said the club's expulsion from the English Football League had "destroyed lives".

Asked if he had a message for owner Steve Dale, Danns told talkSPORT radio:

He added that "serious questions have got to be asked" about what had happened.

Credit: Martin Rickett/PA Wire/PA Images

Dans was captain of the side that won promotion from League Two last season:

Steve Dale Credit: ITV Granada Reports

League One will comprise of 23 clubs for the rest of the season, with only three teams to be relegated.

EFL Chief Executive Debbie Jevans said: ''Today is undoubtedly one of the darkest days in the League's recent history.

''I understand this will be a deeply upsetting and devastating time for Bury's players, staff, supporters and the wider community. There is no doubt today's news will be felt across the entire football family.''

Bolton Wanderers, also of League One, have been given a two-week extension with their prospective takeover by Football Ventures (Whites) Limited still a possibility.