Ajax Cape Town have accepted its relegation to the National First Division for playing an ineligible player, Tendai Ndoro.
The Urban Warriors were reinstated back into the top league following a court ruling, but the PSL quickly launched an appeal.
Ajax held a press briefing on Friday, and CEO Ari Efstathiou told the media that following their failed bid to be reinstated into the PSL for next season, they will now campaign in the NFD.
“Unfortunately time and legal procedure has trumped justice,” Efstathiou said.
“We feel we have done everything to follow the rules. We played Ndoro when were allowed to but unfortunately the process got complicated.
“Yesterday was a time issue, the way the court process went put us in a very difficult spot.”
Ajax had also withdrawn their urgent application against the PSL to interdict start of 2018/19 Absa Premiership season which is set to begin as scheduled on August 3/4.