The EFL has consented to explore the issue of Bury’s potential.
The Shakers were expelled in the league, losing their place in League One, afterwards C&N Sporting Risk pulled out of a takeover of the team.
But, there are forecasts for the governing body to rethink its decision, with an alternate option being the golf club are re-admitted to its 2020/21 season to League 2.
An EFL announcement has said the organisation will consult with the remaining 71 clubs in the coming weeks seeing the situation of Bury.
There is no precedent for a bar to get into the EFL directly through an application for admission or readmission following withdrawal of membership with this type of”complicated scenario that raises questions of due procedure, precedent and equity as well as financial implications”.
However, it goes on to state such a move would be dependent on”clear signs being demanded of this club’s financial viability and its ability to satisfy its ongoing obligations”.
Bury insist that a 7m takeover bid by another celebration was submitted on August 27 prior to the deadline that is second.
The club’s general manager Scott Johnson said after Tuesday’s statement:”We believe this is common sense. We think that it’s quite favorable and we welcome this information.
“What we’ll do now is prepare and then proceed forward and help Bury Football Club’s program to the Football Association.
“When we were to be relegated to League 2 we’d obviously still have the soccer league status and my understanding is that one of the buyers could still be prepare to purchase the club”
“Obviously, if We’re re-admitted it will set a precedent, not just for Bury Football Club however any other team that really does get into issue
“Soccer is quite commonplace, you can get promoted or relegated and fall into issues and it is important that everybody is looked after in the soccer family going forward.”
Meanwhile, Greater Manchester Police have launched an investigation following the expulsion in the EFL of the club.
In a short statement, the Greater Manchester force stated:”About 18 June 2019, authorities received a report of fraud involving Bury Football Club. No arrests are made and enquiries are continuing.”
Sky Sports News understands this investigation is not in relation to the present owner Steve Dale that is Bury.
That report was made one month before Dale attained a company voluntary arrangement with the creditors of the club to reimburse 25 percent of their #9m they were owed.
But this deal depended upon the club being permitted to perform with this year, something the English Football League, worried about the capacity to fund the prices of the team as well as those debts of Dale, refused to sanction.
This resulted in Dale missing deadlines to either prove he could fulfill his duties sell the team to someone who could. The EFL expelled from the league and eventually ran out of patience.
No arrests have been made thus far.