Newtown have had three points deducted by the Welsh Premier League after fielding ineligible players.
The Robins have been found guilty of fielding players who had not received international clearance for games at Carmarthen and Aberystwyth in August.
The penalty was imposed by a Welsh Premier League commission and Newtown have chosen not to appeal.
But the club are unhappy with the decision and process and are considering mounting a legal challenge.
The points deduction leaves Bernard McNally's side in the Welsh Premier League relegation zone, below Aberystwyth Town.
"The club has been told it will have three points taken off its total which the Newtown board of directors feel is an archaic method of penalising clubs in the modern era," Newtown said in a statement.
"The club has decided not to appeal for various reasons but is in discussion with its solicitors to mount a legal challenge on the double jeopardy aspect of being subjected to two hearings and two separate penalties for the same incident."