The company have until next Friday, 15th October to pay back the loans owed to the RBS, or sell the club.
Initial thoughts were that the club would avoid the nine point deduction due to it not being the actual club going into administration, but the league has indicated that because Kop Holdings is only concerned with the club, this exemption would not apply.
It looks as if the only way for Roy Hodgon’s men to avoid the points deduction would be for the £300million sale to New England Sports Ventures to go through, and beat Tom Hicks and George Gillett’s legal battle, in the High Court next week.
This court hearing is expected to begin on Tuesday and could be concluded within 48 hours.
Hodgson’s men have had a torrid start to the season, collecting just 6 points from a possible 21. A nine point deduction would see them drop down to bottom of the league, on -3 points, going into a Merseyside Derby clash with Everton a week on Sunday.