Twente will be unable to compete in European competition until 2019-2020 following sanctions handed down from the KNVB.
The Royal Netherlands Football Association (KNVB) has banned Twente from European competition for three years after the club was found guilty of "deliberately misleading" the organization in regard to its relationship with Malta-based investment firm Doyen Sports.
The KNVB announced the punishment, which also includes a 45,250 euro ($49,434) fine and the revoking of the club's professional license unless it cooperates with an independent investigation into its structure, on Tuesday.
Eredivisie outfit Twente have been found guilty of suppressing information about its collaboration with Doyen Sports, which has also worked with Atletico Madrid, Benfica, Porto, Sevilla and Valencia.