The EFL has agreed to explore the subject of Bury’s possible re-entry into the Football League following their expulsion past week.
The Shakers were expelled in the league, losing their position in League One, following C&N Sporting Risk pulled from a takeover of the club.
There are forecasts for the body to reconsider its own decision, with the alternative option being the team into League Two.
An EFL announcement published on Tuesday has said the organisation and the staying 71 clubs in the coming weeks concerning the situation of Bury will consult with.
There is not any precedent for a club to get into the EFL directly through the application for admission or readmission following withdrawal of membership using it a”complex scenario that raises questions of due process, precedent and equity in addition to financial consequences”.
But it goes on to say any such move would depend on”clear signs being required of this club’s financial viability and its ability to satisfy its ongoing obligations”.
Bury insist that a 7m takeover bid by the other celebration had been submitted on August 27 before the deadline that is second.
The club’s general manager Scott Johnson said after Tuesday’s statement:”We believe that is common belief. We think it’s very favorable and we welcome this information.
“What we will do now is prepare yourself and then move forward and assist Bury Football Club’s program to the Football Association.
“When we were relegated to League 2 we would obviously still possess the football league status as well as my perception is that among the buyers would still be ready to buy the club”
“Obviously, if we are re-admitted it will establish a precedent, not only for Bury Football Club however any other club that does get into issue
“Soccer is quite reciprocal, you can get promoted or relegated and drop into issues and it is important that everybody is cared from the football family moving ahead.”
Meanwhile, Greater Manchester Police have started an investigation following the expulsion from the EFL of the club.
In a short statement, the Greater Manchester force said:”About 18 June 2019, authorities received a report of fraud between Bury Football Club. No arrests are made and enquiries are continuing.”
Sky Sports News understands this investigation isn’t in connection to the current Bury owner Steve Dale.
That report was made prior to Dale attained a company voluntary arrangement with the creditors of the club to reimburse 25 per cent of the 9m that they were owed.
But that deal depended upon the team being permitted to perform this year, something the English Football League, worried about Dale’s ability to fund those debts and the costs of the team, refused to sanction.
This led missing deadlines to prove he could meet his obligations or sell the team. The EFL expelled in the league and ran out of inspiration.
No arrests have been made so far.
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