Link?

I was going through the FA Handbook, which says no such thing; Section 14

14. SPORTING SANCTIONS
14.1 If an Insolvency Event shall occur in relation to any Club that Club shall be deducted 10 points. The deduction shall be made forthwith on the happening of the first Insolvency Event.
14.2 Where the Club takes or suffers an Insolvency Event:-
14.2.1 at any time during the Playing Season, the points deduction shall apply immediately;
14.2.2 outside the Playing Season, the points deduction shall apply in respect of the following Season with the effect that such Club starts that Season on minus 10 points.
14.3 For the avoidance of doubt, where a Club is subject to more than one Insolvency Event (for example Administration followed by a Company Voluntary Arrangement), the Club shall only be deducted one set of 10 points, such deduction to apply with effect from the first Insolvency Event.
14.4 The Competition shall serve the Club with written notice of the points deduction (the ‘Notice’).

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Posted By: Iwan Husarmi, May 4, 18:13:26

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