Eredivisie side Twente have been provisionally demoted to the Eerste Divisie by the Royal Dutch Football Association (KNVB) over their financial mismanagement.
Twente were banned from European competition for three years by the KNVB in December after the club was found guilty of "deliberately misleading" the organisation in regard to its relationship with Malta-based investment firm Doyen Sports.
A KNVB statement confirmed Twente had been "offered a second chance in the Jupiler League", despite the Licence Commission determining that there were grounds to revoke the Enschede-based club's licence.
KNVB director of professional football Bert van Oostveen said: "The past year has been uncertain.
"For the fans, for the club and also for the KNVB, we really feared that the Licence Commission would pull the plug.
"Fortunately the commission found a way out.
"FC Twente is a big club, who has a large following and the KNVB is delighted that the club will get a second chance."
The decision can be appealed by Twente, although if demotion is confirmed, it could lead to salvation for one of the Eredivisie's bottom three clubs.
