No clubs will be kicked out of European competition next season for breaking financial fair play rules, Uefa president Michel Platini said in an interview on Thursday.
Uefa's financial fair play (FFP) policy, designed to stop clubs spending more than they earn, comes into effect next season with a maximum penalty of exclusion from European competition for those failing to comply.
"In effect, the first decisions will be announced at the start of May," Platini told Le Parisien newspaper in an interview published on its website.
"But if you are expecting blood and tears and you will be disappointed. There will be some tough things but no exclusions from European competition.
"I think that significant sanctions will affect the big clubs. We will go through with this."
Manchester City and Paris St Germain are understood to be among around 20 clubs dealt with by Uefa's Club Financial Control Board (CFCB) earlier this month, with those facing action to be announced on 5 May.
Qatar-owned PSG are the club under most scrutiny after they wiped out their losses with a huge and back-dated sponsorship deal with the Qatar Tourist Authority.
Platini said he was unsure if that "innovative" sponsorship deal played by the rules.
He added: "I will say simply that Paris St Germain's financial model is distinctive and atypical. That image contract with the QTA, the tourism office of Qatar, is innovative, that's all I can say.
"But is it viable? Is the value of the contract correct? These are questions that the experts must decide."
Manchester City, who have lost £149million in the past two seasons, are also at risk but have been working with UEFA to try to comply with the FFP rules.
The CFCB panel will have four options open to them - to dismiss the case; to agree a settlement with the club effectively putting them on probation; to issue a reprimand and fine of up to 100,000 euros; or in serious cases to refer the club to the adjudicatory chamber.
That second disciplinary panel can issue a number of sanctions, from a warning to points deductions, a salary cap for the European squad, withholding revenues or exclusion from European competition.
southboston78
@LuisFigo There are mine. Think they're the best ones 
(you know what I mean). I don't think they even know where Portugal is on a map let alone about the NT. Only time they claim Portugal is when the girls talk about how they want to @#$% Ronaldo and have a better chance because of their shared heritage, even though they're fat/ugly as @#$%. My friend is the only other Portugal fan I know, and both of us are half
the Sudan national team has never been to a World Cup 
