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The administrators of Southampton Leisure Holdings PLC remain locked in talks with the Pinnacle Group.
BBC: Le Tissier backed for Saints role
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Saints' parent company Southampton Leisure Holdings plc (SLH) has been in administration since April, and Saints had hoped to avoid a points deduction as SLH was in administration - not the club.
BBC: Pinnacle pulls out of Saints bid
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The south coast outfit had hoped to avoid the punishment as they argued that it was their parent company Southampton Leisure Holdings plc (SLH) which had gone into administration on 2 April - not the football club.
BBC: Penalised Saints face relegation