Tottenham will NOT subsidise fans' tickets for Champions League final

Pep Guardiola and his titles

City said in a statement that the suggestion those involved in the investigatory process, overseen by Yves Leterme, the former Belgian prime minister, had already found the club guilty of breaking financial fair play regulations was "extremely concerning".

European football's financial regulators are poised to recommend that newly minted English Premiership champions Manchester City be barred from the Champions League, the New York Times reported on Monday.

All over the country there is someone in a workplace, a gang of university friends, a seemingly-randomly assorted group of people (only one of whom you have you met, and that was two years ago), who can say: "I am better than you".

According to Transfermarkt.de, a German website specializing on football transfers, Manchester City's transfer balance since 2008 is -$1.36 billion, outstripping even that of Qatari-owned Paris Saint-Germain by more than $400 million.

One of the allegations in UEFA's probe is that City have been inflating the sponsorship deals they have signed with companies under control of the club's owners for years.

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It was unclear if such a ban, if levied, would be enforced next season or in the 2020-21 campaign, the NY Times said, noting that with qualifying for Europe's most prestigious and lucrative club championship set to start next month, there is little time to finalise a sanction. "In doing so the Club is reliant on both the CFCB IC's independence and commitment to due process; and on UEFA's commitment of the 7th of March that it...will make no further comment on the matter while the investigation is ongoing".

City were fined £49million and hit with restrictions on transfer spending and the size of their Champions League squad after FFP breaches were originally investigated in 2014.

Liverpool are also looking for their first trophy since winning the EFL Cup in 2012.

Sheikh Mansour bin Zayed al-Nahyan, the billionaire businessman and member of the Abu Dhabi royal family, bought Manchester City in 2008.

However, the Reds ended up in second place after Manchester City successfully defended their title and ended up a point ahead of Jurgen Klopp's men in the table.

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