In August 1986 though Greenwood was shocked to learn that Preston were prepared to sell him. Preston didn't want to sell him and Greenwood didn't want to leave but now that
John McGrath was at the helm it was decided that funds needed to be made available to pay the signing on fees of the free transfer players he had lined up. Greenwood was considered to be worth £20k the most saleable asset PNE had so with the promise from McGrath that once Preston were in a viable financial position they would bring him back to Deepdale Greenwood signed for third division
Bury. Greenwood enjoyed three and a half seasons at
Gigg Lane scoring 28 goals in 136 games for
The Shakers several of these against Preston who on at least 3 occasions tried to bring him back to Deepdale. On each occasion however the Bury board and management rejected Preston's offer much to Greenwood's frustration. It was only in February 1990 when Bury wanted to sign
Mark Patterson that Bury allowed him to return to Deepdale in a deal that was worth £100k plus Greenwood to Preston. This deal turned out to be John McGrath's last as Preston boss as he resigned not two weeks later. ==Back at Deepdale==