Chopper wrote:t was announced on 22 July 2008, that 96% of the club's shares had been purchased for over GBP50 million by controversial English businessman Paul Davidson.[2] In November 2008 it was revealed that Davidson was unable to complete the deal due to lack of finances, raising questions as to whether his interest was little more than a publicty stunt. On the 19th November 2009, the Spanish businessman Mateo Alemany has purchased Real Mallorca from the Marti-Mingarro family.[3] In May 2010, it was announced that the club had applied to the courts to enter voluntary administration with debts estimated between £42.5m and £51.3m.[4] It was announced on 28 June 2010 that a consortium lead by Llorenç Serra Ferrer had bought the club [5] and the sale was completed in July 2010.[6] However due to the poor financial situation at the club, UEFA decided on 22 July 2010 against granting Mallorca the licence to play in the 2010/2011 UEFA Europa League.[7] Despite the off-field upheavals and financial struggles, Mallorca are enjoying their longest stay in the top flight and the 2010-11 will be their 14th consecutive season in La Liga.
So by the time of their banning, they'd only applied for admin, but managed to avoid it and instead achieved a buy out, which stabled things. Now granted, they troubles have only had a plaster put on the wound, but in the scheme of things, they're good to go. So why were they still banned, after all the previous had occurred?