Blackpool have been fined £25,000 by the Premier League for fielding an understrength side against Aston Villa last November.
Manager Ian Holloway sparked controversy when he made 10 changes for the Villa Park clash on November 10 in order to rest players during a busy week.
The club issued a statement this afternoon to confirm they had been found guilty of breaching Premier League rules B.13 and E.20 and now have 14 days to appeal.
Holloway was almost vindicated as his makeshift team were narrowly beaten 3-2 after a last-minute goal from James Collins.
After the game Holloway was unrepentant about his team selection and threatened to resign if punished by the Premier League.
It remains to be seen if he will keep to his word, but he did later qualify that by saying he would only go if chairman Karl Oyston agreed it was in the club's best interest.
Blackpool's statement read: "Blackpool Football Club can confirm the Premier League Board has found the club guilty of breaches of Rules B.13 and E.20 in relation to the team fielded by the club in its fixture against Aston Villa on 10 November, 2010.
"As a result of this breach of rules Blackpool FC has been fined £25,000."
Source: PA
