Twente Enschede were deducted three points by the Dutch football association (KNVB) yesterday after failing to put their financial affairs back in order following a brush with bankruptcy.
It is the second time they have missed targets set by the KNVB as part of a recovery plan and their punishment follows a previous warning.
Twente said they would not appeal the decision.
“The sanctions are based on the punishment process in the licensing regulations and the plan that FC Twente agreed with the licence commission,” KNVB said in a statement yesterday.
The KNVB issued the sanction after objecting to write-offs in the club’s latest financial report.
Twente are eighth in the Dutch league standings on 35 points from 25 games. The deduction will see them drop one place.