The Football League have confirmed Plymouth have been deducted 10 points with immediate effect.
The confirmation comes via a statement on the Football League's official website after the Pilgrims issued a 'Notice of Intention' to appoint an administrator.
The statement read: "The Football League can confirm that Plymouth Argyle Football Club have been deducted 10 points with immediate effect."
It continued: "This sporting sanction has been implemented following receipt of formal confirmation that the club had filed a notice of intention to appoint an administrator with the High Court."
The League One club have faced winding-up orders this season and it was revealed last week that players and staff have still not been paid their wages for January.
Manager Peter Reid said: "We are going to have to produce Championship form to stay up. It's going to be a battle, I don't mind a battle. There are people worse off than us, we have to get on with it."
Copyright (c) PA Sport 2009, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: https://www.givemesport.com/writeforgms