Rangers' proposed purchase of Bury roundly rejected by the League One club
Rangers’ proposed purchase of Bury has been roundly rejected by the League One club. Reports claimed this morning that Charles Green, who heads the consortium that took over Rangers from insolvency last week, planned to purchase the Gigg Lane club and have Gers play in League One, at Ibrox.
"Whilst investment into Bury Football Club is always welcome, any offer of investment will only be viewed at taking the club forward in its only one guise possible – based in the town of Bury, and as Bury Football Club,” said the club’s board in a statement.
"Bury is a proud historical club and, as such, proudly represents the town, community, people and, above all, supporters of Bury.
"The directors of Bury place the integrity and morality of the club, and football as a whole, way above and beyond any possible financial gain and, as such, wish to reassure all Shakers fans of this fact."
Even were it not for the opposition of Bury themselves, there could be a number of regulatory impediments to a deal.
The Football League said this morning: “There has been no application to move the club. Any application would be treated under the regulations.”
The League refused to comment on how they would be applied, but it is clear that its rules do permit a large amount of subjectivity to the League’s decision as to whether a club may move its ground.
“Each club shall register its ground with the executive and no club shall remove to another ground without first obtaining the written consent of the [League] board, such consent not to be unreasonably withheld,” state the rules.
“[The board] shall not grant consent unless it is reasonably satisfied that such consent – would be appropriate having in mind the relationship (if any) between the locality with which by its name or otherwise the applicant club is traditionally associated and that in which such club proposes to establish its ground.”
Rangers may find it difficult to argue successfully that Bury has traditionally deep ties with Glasgow.