Real Mallorca are preparing to appeal against their exclusion from this season's Europa League by Uefa.
The governing body ruled yesterday that the club had not fulfilled the admission criteria and the requisite licence had not been granted. Uefa did not explain the reasons behind the decision but Mallorca said in May they had applied to go into voluntary administration in an effort to sort out their finances.
The club's lawyer, Luis Huerta, said in a statement today that an appeal would be lodged once more was known about Uefa's decision. Huerta noted that the Spanish judge overseeing Mallorca's administration process had asked Uefa and the Spanish football federation (RFEF) not to revoke the club's licence as this would complicate the financial reorganisation effort.
"This decision is seriously harmful to the club's administration process as there were a series of revenues expected ... that would have allowed payments to creditors," Huerta added.
Like many Spanish clubs, Mallorca have been slipping further into the red due to spiralling wage and transfer costs. A recent University of Barcelona study indicated they had debts of around ?85m (£71m).
The world No1 tennis player and Mallorca native Rafa Nadal became a shareholder in the club this month and his uncle, the former Spain defender Miguel Angel Nadal, is an assistant to the club's new coach, Michael Laudrup.
"I am optimistic," Laudrup said in a statement on the club's website. "It doesn't seem logical that this could happen. I don't think we'll stay out."