Bury captain Neil Danns admits lives have been destroyed by the club's expulsion from the EFL.
A statement on Tuesday night announced the Shakers had been expelled from League One, with the decision almost certainly resulting in the 134-year-old club being liquidated.
Former Crystal Palace and Leicester midfielder Danns appeared on talkSPORT and was asked if he had a message for controversial owner Steve Dale.
"I would say look what you've done," the 36-year-old said.
"This should never have happened. If you thought you could not move this club forward in a positive way you should never have taken over because you've literally destroyed lives, because that's what this football club meant to so many fans."
Danns added that "serious questions have got to be asked" about what had happened.
"When you see the devastation of the fans I just think I have to say something," he said.
"It's unbelievable. I still can't believe it."
Bury had until 5pm on Tuesday to find a new owner with C&N Sporting Risk tipped to complete a takeover but they pulled the plug on the deal 90 minutes before the deadline.
Owner Steve Dale later claimed he had received three new bids for the club but the EFL announced the devastating news around 11pm.
A statement read: "The EFL board met earlier this evening and, after a long and detailed discussion, determined that Bury FC's membership of the English Football League be withdrawn after the deadline passed at 5pm today (Tuesday 27 August) without a successful resolution."
While Bury have been expelled, Bolton have been given 14 days to find a buyer - or prove they have the funds to complete the season.
A proposed takeover from Football Ventures Limited appeared to collapse on Saturday.
But the club's administrators hope a deal can be reached to save the Trotters.
