The credibility of European football's Financial Fair Play rules will be questioned now that it's emerged that Manchester City and Paris St Germain won't be banned from the Champions League for breaching them.
City and PSG have been offered settlements for breaking rules designed to limit clubs' financial losses, and those agreements could be rubber stamped as early as this week.
The punishments likely to be meted could include fines or limits on the size of squads that clubs can field in Champions League matches next season, but a ban - the ultimate sanction - is not believed to be on the agenda.
Banning glamour clubs from the Champions League runs the risk of damaging a competition that generates revenues of about 1.3 billion euros.
