Twente Enschede have been relegated to the second division in the Netherlands as punishment for breaching financial regulations linked to the transfer market, the Dutch football association said yesterday.
The announcement followed crisis talks between the Dutch FA and the club after Twente missed their latest deadline for meeting targets set in a financial recovery plan.
The club, which former England manager Steve McClaren took to their only Dutch league title in 2010, had already had three points docked, been fined €200,000 and banned from European club competition for three years by the Dutch FA.