In 2006–07 Farnborough went into administration and were deducted ten points. In May 2007 the club was expelled from the Football Conference and were reformed as Farnborough Football Club. They were admitted to Division One South & West of the Southern League, which they went on to win at the first attempt, earning promotion to the Premier Division. In 2008–09 they were Premier Division runners-up, qualifying for the promotion play-offs. After beating Hemel Hempstead Town 4–3 on penalties after a 0–0 draw in the semi-finals, they lost 1–0 to Gloucester City in the final. The following season saw them win the Premier Division, earning promotion to the Conference South. They were runners-up in their first season in the division and entered the promotion play-offs. After a 2–1 aggregate win over local rivals Woking in the semi-finals (winning 1–0 away and drawing 1–1 at home), they lost the final 4–2 to Ebbsfleet United.