Portsmouth have been told by the Football League they will start the new season on minus 10 points if they are to be allowed into League One, reports .
Pompey are currently in administration while the Pompey Supporters' Trust and Balram Chainrai vie for ownership.
As well as a 10-point deduction, other conditions include paying all football creditors in full and strict financial controls.
The deduction would leave Portsmouth, who only have eight senior players on the books, facing a battle to avoid a second successive relegation before the new season even gets under way.
But in a statement the Football League said the conditions of membership offered to Portsmouth "seek to ensure the sporting integrity of league football and the financial viability of the club going forward".