Northwich Victoria are set to be relegated from the Conference with Forest Green Rovers gaining a reprieve.
Northwich made the required improvements to their ground
The Vics had met the Conference ground requirements after completing work on their new stadium by the end of May.
But they failed to transfer their membership of the Conference from the company that went into administration to the club's new owners by 31 May.
"Not all the Football Association's financial pre-conditions had been met," said a statement from the Conference.
A Conference spokesman added: "Whilst the ground work was acceptable, the transfer of membership had not been completed.
"And no lease was in place in accordance with the Rules of the Football Association and The Football Conference to the existing member of The Football Conference, Northwich Victoria Football Club Ltd (in administration).
"The only lease in existence was granted to Northwich Victoria (2004) Ltd whose membership had not, by the relevant date, been approved by the Football Association."
Northwich have a right of appeal through the company that went into administration last year but it looks unlikely that they will avoid a drop into the Conference North.
The news will come as a hammer blow to the Vics who had overcome a 10-point penalty imposed last season to climb out of the bottom-three.