Rangers chief executive Charles Green has claimed that denying the Scottish club the chance to play in England is a breach of European law.
Gers currently ply their trade in the Scottish Third Division as a result of their financial woes that led to liquidation.
The club are on course for promotion to the Second Division as they lead the table by 20 points, although plans to reform the league structure in Scotland would mean they remain in the country's bottom tier.
There are proposals to make two leagues of 12 teams and a third of 18 below them, replacing the existing four-tier system.
Green has grown disillusioned by what he deems unfair treatment of Rangers, and is looking at a way out of Scotland for the side - including the possibility of a move south of the border.
"I would be delighted to be the chief executive of Rangers that took them into the English league," Green told talkSPORT. "We are going to pursue it. We've sought legal advice.
"I've had enough indications that Scottish football don't like us and don't want Rangers, so I look at other options.
"I have taken legal counsel, because let's be clear: it is a breach of European competition law to deny Scottish clubs, not just Rangers, the right to play in England.
"That is against European law. I don't believe that the authorities would stand back and try to ignore that position.
"You just try and explain to me why a Welsh club can play in the English league but a Scottish club can't."