Manchester City will soon find out if they are guilty of breaking the Financial Fair Play rules after an investigation by UEFA.
It was revealed in February that as many as 76 clubs were being investigated, but it is now believed, following reports by Sky Sports, that UEFA now have just 20 clubs on the radar, the most high-profile of these are believed to be Manchester City and Paris Saint-Germain.
UEFA have declined to disclose the names of the clubs involved, or which leagues they belong to.
However, three of the Premier League's top clubs – Arsenal, Chelsea and Manchester United – have all publicly stated that they are not being investigated. Manchester City have keep quiet on the matter.
Despite this, City believe they will break even at the end of this season and do not believe they will break UEFA's new rules, as money spent on infrastructure, youth and community spending are not counted by the governing board.
However, this prediction may rely on their final position in the Premier League, which they are still battling for against Liverpool and Chelsea.
Under the new rules, clubs can currently spend around €45million (£37m) than they earn, until 2015, when the limit will be reduced to €30million (£35m) per season.
At the end of the 2017/18 season, this will be reduced further to a maximum of €5million (£4m) more than they earn.
UEFA introduced financial fair play in order to improve the financial side of the game within Europe, which has seen some owners spending vast amounts of money to secure the best players on extortionate wages.
Clubs who fail to abide by the rules could face a number of penalties, such as fines, exclusion from European competitions such as the Champions League and Europa League, or even revocation of titles.
Write for GiveMeSport! Sign-up to the GMS Writing Academy here: http://gms.to/1a2u3KU
DISCLAIMER: This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.