Central Newcastle High School immediately paid a 10 pence shortfall which had lead the team to be disqualified from the national finals.
However, it has been told that there is no way back into the competition.
Members of the team say they are devastated.
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The Minstermen started the final day in the relegation zone, but could have escaped with a win.
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It happened on Marton Road Middlesbrough at around 3.00am on Saturday morning.