After a poor start to the 2007–08 season, the club entered administration on 22 November 2007; Pinkney stated he would fund the club's overheads, while ten points were deducted. Meanwhile the FA probe on transfer irregularities dragged on, described by Pinkney as "a storm in a teacup". Blackwell was sacked by the administrator on 15 January 2008, to be replaced by former player Mick Harford. The club subsequently entered the custody of the Luton Town Football Club 2020 consortium. Luton were relegated to League Two on 12 April, following a 2–1 home defeat to Brighton & Hove Albion; Luton finished the season in bottom place.