Bury expelled from EFL, Bolton given 14-day reprieve | OneFootball

Bury have been expelled from the English Football League (EFL) after a takeover bid collapsed, while Bolton Wanderers have been given a 14-day extension to avoid the same fate.

The EFL said on Saturday a takeover for Bury needed to take place by 17:00 local time (16:00 GMT), or their membership of the league would be withdrawn.

Analytics company C&N Sporting Risk pulled out of a deal to buy Bury earlier on Tuesday following a period of due diligence.

A statement on the EFL website read: "Having fully considered all available options, including a number of late expressions of interest provided to the EFL, the EFL board has unanimously determined with enormous regret that Bury's membership be withdrawn."

Fellow League One side Bolton, meanwhile, have been given until September 12 to "meet all outstanding requirements of the League's insolvency policy or its membership in the EFL will be withdrawn."