A Football Association panel yesterday rejected the club's arguments that they should not be thrown out of the Blue Square Premier.

And with no right of appeal, the Shaymen now face an extremely uncertain future.

A club statement said: "An announcement will be made as soon as possible regarding the future of the club.

"A clear position needs to be achieved, in consultation with the FA, the legal team on return from London, and Begbies Traynor.

"Again, it is hoped a decision regarding the future of the club/business, will be made within 24 to 48 hours, for the benefit of all parties concerned."

The club is now at the mercy of the FA Leagues Committee who will decide which division the Shaymen will play in next season.

And it is still unclear whether the David Bosomworth-led consortium, which has been bankrolling the club for almost two years, will stay.

Halifax Town Supporters' Trust has urged the consortium to act quickly in a bid to maintain senior football in the town.

And they have offered their full support should the current backers decided to stay.

"Should the consortium decide that they cannot continue then a new club will need forming, with an application made to the Northern Premier League ahead of Saturday's AGM," said a statement.

"In view of this we would like to take this opportunity to remind the consortium of the need to decide on their next step quickly.

"We are grateful to David Bosomworth and the members of his consortium for their efforts to maintain the club's position in the league structure.

"If the consortium does decide to remain involved with football in Halifax, the Trust reinforces its offer of assistance in forging a positive future for Halifax Town."

Town were represented at the hearing by David Hinchcliffe of Walker Morris Solicitors and David Phillips QC who were paid for by the consortium.