In a perpetual state of cutting it extremely fine, the future of Bury Football Club is still precarious at the time of writing. The events of the past week have at once felt like a whirlwind and running in treacle, amplified by belated but constant national media attention. Many of the club’s supporters have taken to the airwaves to highlight the (ongoing) plight, and yours truly has been no exception to that:
- Race to the Bottom: Episode 13 (opens in Spotify)
- The Big Kick Off: Episode 116 (opens in Soundcloud)
- Sky News Interview: Five minutes of my face on YouTube (sorry!)
The previously intransigent owner Steve Dale was sending all kinds of mixed messages on Friday during his grand tour of seemingly everywhere except the negotiating table, with as many as four interested parties in taking over before the midnight deadline set by the EFL for either sufficient evidence of proof of funds from Dale himself or for a deal to be struck to their satisfaction.
Like probably every other fan, I was glued to social media (even more than usual) as the minutes ticked by, desperate for some solid sleep but even more desperate for a credible source to break the news that there had been a sale, which duly came a little over two hours from oblivion:
— Jim White (@JimWhite) August 23, 2019
What quickly emerged from then on were the identities of the group – C&N Sporting Risk, a small company whose main service is in data analytics, with Rory Campbell and Henry Newman at the head of the firm.
Campbell is the son of the infamous Labour spin-doctor Alastair, who, for all his… flaws (putting it extremely lightly) has always maintained a fervent and genuine interest in football, being a follower of fellow Lancashire side Burnley and raising a family with an appreciable knowledge of how important the link is between clubs and the communities they are an intrinsic component of.
Rory has created his own niche after completing the well-trodden Oxbridge PPE path, founding C&N in 2016 whilst still in his 20s after firming up his interests at university, with the ongoing ‘Moneyball’ experiment at Brentford a big driver behind his deepening involvement in the sport (and perhaps the current interest in Bury). It’s impossible to ignore the betting aspect of his company, however, and there would be a question mark over just how they could as a business work around the strict laws set out by the FA governing inside information whilst owning a club. He would need to prove, much like Tony Bloom at Brighton & Hove Albion and Matthew Benham at The Bees that he doesn’t place any bets himself, only acting as a ‘consultant’ for others.
Newman’s background is more rooted in coaching, especially in London with two different clubs – Charlton Athletic and Barnet, the latter of which he had a brief spell as joint-interim coach with Rossi Eames two years ago, and the pair appeared on a Not the Top 20 podcast during their brief tenure:
In it, Henry sets out his vision for how football should be played, with an emphasis on an eye-pleasing style whilst still being mindful of the shortcomings of the squad he had under him at The Hive. He took a break from a role as chief opposition scout with West Ham United during that four-month interlude, continuing to hone and diversify his skillset in the game and firmly setting him on the road to his directorship at C&N.
At this juncture, it’s important not to get too far ahead of myself. A disappointingly short extension to the deadline, in C&N’s collective view, was granted by the EFL yesterday, providing only a single extra business day to conclude the deal (or at least 99% of it). Doubtlessly, between Stewart Day and Steve Dale, a complex web was woven for any future prospective owners to cut through and unravel simultaneously. A debt of gratitude is nevertheless owed by many to a few select people – the half-dozen or so at the head of Forever Bury, local MP James Frith, and even the likes of Ron Wood and former chairman Terry Robinson in the background.
One final thing to note right now is that whilst I can claim to have no insider knowledge of the wealth (or otherwise) of C&N, they have already provided to the EFL what Dale could not in terms of proof of funds. Moreover, their pursuit of a deal has been 10 weeks in the making, only coming to a head thanks to Dale relenting at the last possible moment… and crucially, well before the CVA had even been tabled, let alone approved.
@JamesFrith James – How can I contact you directly to discuss the ownership status of Bury FC please? Have been in discussions with Directors over the last few days and have seen your intervention over the last few days in the media.
— Henry Newman (@hnewman89) June 6, 2019
Hopefully, this won’t prove to be another false dawn (and subsequently the footnote) in Bury’s proud, if often financially fraught, 134-year history. The Gigg Lane faithful don’t want the moon, just a club to continue supporting to pass on to the generations to come.