"Following receipt of confirmation that Crytal Palace has gone into administration, the Football League can confirm that a sporting sanction of 10 points will apply with immediate effect," a League statement said.
Palace, who lost 2-0 at league leaders Newcastle United on Wednesday, were placed into administration on Tuesday.
Highly-rated striker Victor Moses was pulled out of the squad for the trip to Newcastle because he is one of the south London club's most saleable assets.
Palace's penalty leaves them in 21st position in the table, just three points above the bottom three.
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