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Bury were expelled from the Football League today, Bolton have 14 days to avoid the same fate. I don't know what happens next. I suppose they might land in non-league football, that's the 5th tier at the highest, but that's going to be very hard to do and support that club's infrastructure. It would be almost impossible for Bolton. Liverpool came very close to this under the disaster that was the previous ownership. It essentially happened to Rangers in Scotland. The Rangers of today are NOT the same club as before. That club was liquidated.
https://global.espn.com/football/eng...eover-collapse
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