I don't see the reasoning behind an either/or assessment of the 10 point penalty. I would think it's logical to assess the penalty for the season in which the move into administration occured, irrespective of where the team finishes in the table.
In all seriousness, as we were on about this in the pub last night, if you look down the league tables, more and more clubs are now being deducted points when all they are trying to do is continue to exist. The situation completely shows how the elitisim and damage done since the beginning of the premiership to football in this country. These clubs are trying to hang onto their very existence, a situation caused by the powers that be, and then the same situation forces a deduction of points on them.
Madness. In 10 years time, unless money filters down [which isn't going to happen], any amount of teams will not exist anymore.
I also think it is the responsibility of the PFA and their chief Gordon Taylor to get his arse in gear and start to look at ways of persuading the higher earning players to accept more discipline in their earnings for the greater good of all their fellow PFA members which would help a great deal.