BURY FC have been hit with a demand for an estimated £30,000 after a huge 'hole' was discovered in a Football League pension fund.
The fund which covers life insurance and pensions for managers, coaches and chief executives is £15 million in the red and clubs are having to make up the shortfall.
The wages of a handful of chief executives from top Premiership clubs have gone through the roof in recent years and that has had a catastrophic effect on the fund which pays out on final salaries.
Outgoings have rapidly overtaken contributions and, as such, a small minority of the members of the scheme, have brought it to its knees.
The Shakers' £30,000 levy will be paid over seven years and is chickenfeed compared to Second Division rivals Oldham Athletic.
Their demand is for a collosal £200,000 and officials at the club have described the figure as a "bombshell".
Even Leeds United and Chelsea will have to pay less than the Latics and their board are seeking legal advice as they can't understand why their liability is so much.
Ironically former Latics supremo Ian Stott, who is still on the board at Boundary Park, is chairman of the scheme's trustees.
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