New owners hit out at Luton point deduction

THE future owners of troubled Luton have described the club's 10-point deduction for breaching Football Association rules on payments to agents in past transfer deals as "unbelievable".

LTFC2020, who have agreed a takeover deal to rescue the club, have welcomed the FA taking a stand against the wrongdoing of the club's former regime, but feel they and the club's fans are being unduly punished.

The Hatters - who were also deducted 10 points last season after going into administration - will begin the 2008-09 campaign with -10 points and have also been hit with a 50,000 (63,200) fine over 15 charges of misconduct.