Call us 0333 370 4333
20/09/19

Bury FC | Alleged Fraud Investigation | Kangs Financial Fraud Defence Solicitor

Share

Greater Manchester Police have confirmed that they have launched an investigation in to Bury FC following receipt of a report of fraud on June 18 2019.

We outline the circumstances leading to the sad expulsion of the football club from the Football League, thereby ending its one hundred and twenty five year membership.

The Circumstances | Kangs Financial Crime Defence Team

  • The club had been in administration since May 2019.
  • On June 18 2019 the police received a report of fraud.
  • The current owner of the club, Steve Dale, reached a Company Voluntary Arrangement (‘CVA’) in July with the club’s creditors to repay twenty five per cent of the debt, allegedly totalling nine million pounds.
  • The operation of the CVA was dependent upon the club being allowed to compete in matches this season, which the Football League refused to sanction given its concern about Mr Dale’s ability to finance the existing debts and the team’s costs.
  • Mr Dale missed several deadlines set for him to prove he could meet his obligations or satisfactorily find a buyer for the club with the result that Bury FC was expelled from the League.
  • Throughout July and August, Mr Dale has constantly criticised the Football League’s refusal stating he had shown proof of the existence of the required funds.
  • Mr Dale also issued a lengthy statement in which he made reference to a ‘serious fraud investigation’ into the conduct of unnamed individuals. 
  • The CVA reached in July has also become subject to an investigation by the Insolvency Practitioners Association.
  • At the present time, no arrests have been made, enquiries are ongoing and discussions about the club’s future are continuing.

How Can We Help? | Kangs Criminal Defence Solicitors

Kangs Fraud Team has a wealth of experience in representing clients accused of involvement in fraud of every conceivable nature.

We have a team of solicitors experienced in defending allegations of serious fraud.

We have particular expertise in the following areas:

We understand the potentially devastating effect any investigation and prosecution can have on an individual and we are able to offer discreet, proactive and pragmatic representation.

We are regularly instructed in investigations brought by the Serious Fraud Office, the Financial Conduct Agency, the City of London Police and Scotland Yard’s Fraud Squad.

Please do not hesitate to contact our Team through any of the following:

Hamraj Kang
hkang@kangssolicitors.co.uk
07976 258171 | 020 7936 6396 | 0121 449 9888

John Veale
jveale@kangssolicitors.co.uk
0121 449 9888 | 020 7936 6396

Tim Thompson
tthompson@kangssolicitors.co.uk
020 7936 6396 | 0121 449 9888

News insights, Serious Fraud, Services
A former Labour MP, Jared O’Mara, has received an immediate custodial sentence of four years having been found guilty, following his trial, of six counts of fraud relating to false expenses claims for work that he never carried out in respect of jobs that did not even exist. For further Press details please follow the […]
07/03/23
Criminal Litigation, News insights, Services
Kangs Solicitors has recently successfully defended a client facing an allegation of assault occasioning actual bodily harm arising from an incident forced upon him whilst he was simply conducting his  business, running a restaurant in London’s West End, when confronted with an unsavoury situation. Kangs Solicitors was instructed from the onset attending the interview under caution at Charing […]
06/03/23
Insolvency, News insights, Services
Kangs Solicitors has been instructed to defend claims against our client alleging breaches of Section 212 and 213 of the Insolvency Act 1986. The claims are being brought by the joint liquidators of our client’s company on the basis that our client allegedly knew that he and his company were participating in ‘Missing Trader Intra- Community’ Fraud’ […]
01/03/23

Get in touch

Need legal assistance? Contact our experienced team for prompt and professional support.
Old map of Birmingham