Manchester City faces the possibility of being banned from next season’s Champions League if allegations of Financial Fair Play (FFP) breaches are proven to be true, UEFA president Aleksander Ceferin has said.

Last month, according to a report by German magazine Der Spiegel, based on documents purportedly attained from whistleblowers Football Leaks, City and its owner, Sheikh Mansour, had been accused of augmenting multi-million pound sponsorship deals with Abu Dhabi companies, using his own fortune, in order to comply with FFP stipulations.

City vehemently denied all the allegations.

However, Goal is now quoting the UEFA president, Cecerin, as saying that the possibility of City having breached the FFP rules is “concrete” and under investigation, with a decision imminent:

“We are assessing the situation. We have an independent body working on it. Very soon you will have an answer on what will happen in this concrete case.”