BURY FC chairman Terry Robinson has made a heartfelt plea to fans and all other parties concerned with the proposed takeover of Bury FC's major shareholding.

And he warns that time, as well as money, is running out for the Shakers as the bid to takeover the club continues to drag on.

Earlier this week, Alex Tarsus, the man behind the consortium bidding to buy the shares, said his money was still in place.

But, following a meeting of Bury Football Club's directors held on Tuesday, December 11, the following statement has been issued by the club:

"The club's directors are unable to comment on a recent newspaper story regarding the takeover of the club, as they are unaware of the precise position of the sale of the majority shareholding.

"The club has had no confirmation from the plaintiffs' solicitors nor are they privy to any financial funding that may be forthcoming.

"The club can confirm that Mr Tarsus and a banker have visited the club and the club are hopeful of a speedy conclusion to the various negotiations.

"It is now two years since the club was made aware of the various High Court orders served on Mr Eaves. The initial bid by Norton Lea from Chesterfield was turned down by the High Court many months ago.

"The bid from the present consortium, as far as we know, has still not reached the agreement stage. When it does it will still have to get the OK from the High Court.

"From the club's perspective, it is important that the new owners are in place sooner rather than later.

"If this consortium is not successful and the plaintiffs' solicitors start the process again, time will definitely not be on our side.

"The directors, sponsors, staff and, most of all, our loyal supporters, have worked hard to keep the club afloat amidst continuing uncertainty.

"Our mood is the same as it was at the start of the Eaves problem - we have to keep the club going until it is sold."