Luton admit they are unlikely to receive confirmation of their potential 15-point penalty until the start of June.
The Hatters went into administration back in November and, despite the LTFC2020 group agreeing to buy the troubled club in January, the process was held up by Leeds' appeal over their extra 15-point penalty.
However, after the decision was taken to confirm the sanction for Leeds not exiting administration with a Creditors Voluntary Agreement (CVA), earlier reports had suggested that Luton would face the same deduction.
But The Hatters have now revealed that they remain uncertain about any punishment for next season.
A club statement said: "Following the rejection of the CVA, LTFC2020 has made our application to the Football League to exit administration without a CVA under their 'exceptional circumstances' procedure.
"This was the procedure followed by Leeds United and resulted in a further 15-point deduction for them.
"Our completed application reached the Football League before the verdict of the arbitration panel into the Leeds case was announced.
"Consequently, we are now liaising with the Football League on the final stages of exiting the administration process.
"However, neither Luton Town Football Club nor LTFC2020 Ltd have received any official confirmation of this points penalty from the Football League.
"LTFC2020 Ltd are currently in discussion with the Football League and do not expect to know the outcome until early next month, at which point the factual situation will be publicised."

League Two Round Up - 21st November
Dagenham 1-2 Rochdale - Highlights
Torquay 0-2 Rotherham - Highlights
Lincoln 0-0 Grimsby - Highlights
Northampton 2-2 Crewe - Highlights
Chesterfield 5-0 Darlington - Highlights
Notts County 0-0 Aldershot - Highlights
Burton 3-2 Hereford - Highlights
| Time | Fixture |
|---|---|
| Tuesday 24th November | |
| Coca-Cola Football League Two | |
| 19:45 | Accrington Stanley vs Macclesfield |
| 19:45 | Aldershot vs Northampton |
| 19:45 | Bournemouth vs Dag & Red |
| 19:45 | Bury vs Chesterfield |
| 19:45 | Cheltenham vs Barnet |
| 19:45 | Crewe vs Burton Albion |
| 19:45 | Darlington vs Morecambe |
| 19:45 | Grimsby vs Bradford |
| 19:45 | Hereford vs Shrewsbury |
| 19:45 | Port Vale vs Torquay |
| 19:45 | Rochdale vs Notts County |
| 19:45 | Rotherham vs Lincoln City |
| Saturday 28th November | |
| Coca-Cola Football League Two | |
| 15:00 | Macclesfield vs Grimsby |
| Tuesday 1st December | |
| Coca-Cola Football League Two | |
| 19:45 | Barnet vs Bournemouth |
| 19:45 | Bradford vs Rochdale |
| 19:45 | Burton Albion vs Accrington Stanley |
| 19:45 | Dag & Red vs Aldershot |
| 19:45 | Lincoln City vs Port Vale |
| 19:45 | Morecambe vs Bury |
| 19:45 | Northampton vs Hereford |
| Time | Result |
|---|---|
| Saturday 21st November | |
| Coca-Cola Football League Two | |
| Lincoln City 0 - 0 Grimsby | |
| Dag & Red 1 - 2 Rochdale | |
| Chesterfield 5 - 2 Darlington | |
| Torquay 0 - 2 Rotherham | |
| Northampton 2 - 2 Crewe | |
| Barnet 0 - 0 Port Vale | |
| Morecambe 1 - 0 Cheltenham | |
| Burton Albion 3 - 2 Hereford | |
| Shrewsbury 1 - 1 Bury | |
| Notts County 0 - 0 Aldershot | |
| Macclesfield 1 - 2 Bournemouth | |
| Bradford 1 - 1 Accrington Stanley | |
| Saturday 14th November | |
| Coca-Cola Football League Two | |
| Darlington 1 - 0 Burton Albion | |
| Shrewsbury 1 - 1 Torquay | |
| Crewe 1 - 2 Morecambe | |
| Port Vale 1 - 2 Rotherham | |
| Accrington Stanley 0 - 1 Dag & Red | |
| Bradford 1 - 1 Bournemouth | |
| Barnet 0 - 0 Hereford | |
| Rochdale 2 - 3 Chesterfield | |
| Pos | Team | P | Pts |
|---|---|---|---|
| 1 | Bournemouth | 17 | 35 |
| 2 | Rochdale | 17 | 32 |
| 3 | Dagenham & Redbridge | 17 | 32 |
| 4 | Rotherham United | 17 | 32 |
| 5 | Chesterfield | 17 | 32 |
| 6 | Notts County | 17 | 28 |
| 7 | Shrewsbury Town | 17 | 27 |
| 8 | Barnet FC | 17 | 26 |
| 9 | Bury | 17 | 26 |
| 10 | Burton Albion | 17 | 25 |
| 11 | Aldershot Town | 17 | 24 |
| 12 | Bradford City | 17 | 23 |
| 13 | Port Vale | 17 | 21 |
| 14 | Accrington Stanley | 17 | 21 |
| 15 | Morecambe | 17 | 21 |
| 16 | Northampton Town | 17 | 20 |
| 17 | Crewe Alexandra | 17 | 19 |
| 18 | Hereford United | 17 | 19 |
| 19 | Macclesfield Town | 17 | 19 |
| 20 | Lincoln City | 17 | 18 |
| 21 | Cheltenham Town | 17 | 16 |
| 22 | Torquay United | 17 | 15 |
| 23 | Grimsby Town | 17 | 13 |
| 24 | Darlington | 17 | 8 |
Bristol City fan Hannah Shine was strutting her as the Soccerette in the Soccer AM studios this week.
Preston North End fan Hazel Fox was strutting her stuff in the Soccer AM studios this week.
Peter Beagrie wonders what the real reasons were behind Darren Ferguson's Peterborough exit.
The FAI are being pressured to allow former Derry City player James McClean to sign for Lincoln.
Bournemouth returned to the top after leaders Dagenham lost at home to fellow high-flyers Rochdale.
Brett Pitman bagged a brace as Bournemouth recovered from a first-half set back to beat Macclesfield 2-1 and move top of League Two.
Late goals from Kevin Ellison and Adam Le Fondre saw Rotherham beat Torquay 2-0 to maintain their push at the top of League Two.
Dagenham suffered their first home defeat of the season after two goals in a minute gave third-placed Rochdale a 2-1 victory.