Bury Football Club Expelled By English Football League (EFL) After Takeover Collapses

Bury have been expelled by the English Football League after a takeover bid from C&N Sporting Risk collapsed. The League One club had been given until 17:00 BST on Tuesday to complete the deal, having been granted an extension to Friday\'s initial deadline. Bury are the first team to drop out of the EFL since Maidstone\'s liquidation in 1992. League One will comprise 23 clubs for the rest of the season, with only three teams to be relegated. Bolton Wanderers, also of League One, have been given 14 days to avoid being expelled themselves, with their prospective takeover by Football Ventures (Whites) Limited still yet to go through. Founded in 1885 and first elected to the EFL nine years later, Bury were playing in what is now known as the Championship as recently as 1999 and have twice won the FA Cup. No club has ever dropped out of the third tier before, and the Shakers also become the first FA Cup winner