Rovers were clearly furious when the news broke of Platt's move to Meadow Lane, and admitted they were considering legal action.
"You can revert to normal law in these situations and show that a player has broken a verbal agreement," said Taylor.
"Technically, the Rovers chairman could be correct if a deal was verbally agreed. But for Bristol Rovers to sue for compensation they would have to show what financial losses they have incurred at the club by not signing the player.
"I think that would be a long drawn out process and it would be difficult for Rovers to show what financial loss they have suffered." He added.