Rockford's Love Child
Member
- Joined
- 15 Mar 2010
- Messages
- 13,905
- Player
- Jason Koumas / John Morrissey
- Manager
- John King
It was not just Day who behaved recklessly. Most of the debt was built up by his predecessor as early as 2014 - when they won their first promotion - and the unsustainable model was highlighted by many people at the time, including David Conn in the national press. As they have admitted themselves elsewhere, a number of Bury fans were aware of the dangers of the situation, yet none of their supporter groups took any action against the owner and were happy to take the success. Compare and contrast with the actions of the Blackpool and Coventry supporters, among others. Bury are repeat offenders and the public were well aware of the risks they were taking.I think this is very harsh! I know a couple of well educated and knowledgeable Bury fans, one a financial professional, and have challenged them both in the past regarding Stewart Day's commercial model. The complexity of his model and the limitations on what he had to disclose clearly made it very difficult for his machinations to be challenged. Ultimately, he promised that the club was well run and secure via his innovative approach to finance. With hindsight, after failure, it is a lot easier to point at the warning signs. At the time both my friends defended Day on the basis that he had robustly and convincingly defended himself when challenged. Taking this into account and that we all have a natural bias towards our own club - we are supporters at the end of the day - I would not levy any blame at the fans. Bury's financial plight (at least that which is over and above the "normal" economic stuff that is endured by many clubs) is entirely down to stewardship. It doesn't exactly cover the EFL in glory, either, who must have some responsibility to monitor both who is running its clubs and how they are doing so.