They owe millions to the previous owner's property company, which is in itself in Administration.
Other than a very gullible high net worth individual buying Bury, in its current guise, cannot be saved.
IF they are able to go into Administration now, and that is not clear as I write this, they can be saved.
Even without Ticket Sales there is enough income (from The EFL Basic Award and the Premier League Solidarity and last season's 'Washout') to operate the Club. Last year those payments would have been around £1.3m this year that will be higher as the new EFL Sky deal kicks in.
It would be very tough, but they must hold on to League Golden Share, losing ours has cost us around £10m