Embattled Farsley Celtic were today facing up to the grim prospect of expulsion from their league and the loss of their ground.
A bid for the club by Farsley president John Palmer ended in failure on Friday when it was rejected by Celtic's administrator, accountancy firm Mazars.
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As a result, Celtic could not fulfil their fixture at home to Workington today - the second time in less than a week that the club has been forced to pull out of a match because of its dire financial position.
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Football Conference bosses last night told the Yorkshire Evening Post it was too early to say what action the west Leeds side could face.
Blue Square Premier club Chester City's punishment for failing to fulfil two fixtures this season was expulsion from the Conference.
If Farsley suffer the same fate they could, in theory, apply for membership next season of a division further down the English football league pyramid.
It seems likely, however, that they will also have to find a place to play matches away from their current Throstle Nest ground.
Mazars is now understood to be speaking to parties that have already expressed an interest in buying some or all of the land at Throstle Nest, as opposed to the club.
Mr Palmer's bid to bring Farsley out of administration was the only one on the table that would have allowed them to continue in their present form.
Mazars said it had been turned down because it involved only a "negligible" increase in funds on a previous offer - also rejected - from the club president.
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Philip Morris, Celtic supporters' group chairman, described the decision as "profoundly disappointing".
Celtic's creditors' committee called a halt on Monday to the interim funding agreement that has been keeping the club alive since it went into administration last July.
The move followed Mr Palmer's failure to come up with what the committee saw as a suitable offer, despite months of negotiations.
The axing of the funding agreement effectively stopped Farsley from trading, forcing the cancellation of their game at Telford United on Tuesday.
Mr Palmer then submitted a revised offer to Mazars on Thursday. If it had been accepted yesterday, then the funding agreement would have been resurrected in time to allow Celtic to play against Workington.
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