Boss Kevin Blackwell says Bury could fold if there is no new investment in the cash-strapped club after a 1-0 home defeat to Oldham Athletic condemned them to relegation.
Matt Smith consigned the Shakers to the drop with a header 11 minutes from time to hand Oldham a precious victory, which lifted them out of the relegation zone.
Bury’s board have claimed they have held “positive discussions with potential investors” and it is believed they were sat in the stands at Gigg Lane on Saturday. The club have stated they will “cease to trade” without £1m of fresh investment.
Former Sheffield United chief Blackwell, who named just four substitutes against Oldham, including a couple of teenagers, said: “It’s just heart-breaking, but we’ll just have to see what happens over the next couple of weeks and then hopefully in the summer.
“If nobody comes forward with any money over the next fortnight there might not be a club left by the start of next season.”
Neil Austin’s opportunistic goal, meanwhile, after Simon Walton’s 10th-minute penalty had been saved by Tranmere goalkeeper Owain Fon Williams ensured Hartlepool will live to fight another day. Tranmere could have levelled but Andy Robinson’s second-half penalty was saved by Scott Flinders.
Scunthorpe snatched a last-gasp equaliser against Walsall, with Niall Canavan’s header cancelling out Will Grigg’s 10th goal in nine games to keep the Iron’s survival hopes alive.
Fellow relegation-battlers Portsmouth fell to a 3-2 defeat at Brentford after Clayton Donaldson struck with just four minutes remaining. Bradley Wright-Phillips scored twice for the Bees but his efforts were cancelled out by David Connolly and Shaun Cooper.
Bournemouth stay in second spot after beating Shrewsbury 3-0.