Goal speaks to sports law and finance experts to break down the potential investigations, punishments and challenges that could come next
Der Spiegel and MediaPart, in conjunction with Football Leaks as part of the European Investigative Collaborations network, has alleged that both Manchester City and Paris Saint-Germain have broken a number of rules in a bid to circumvent UEFA's Financial Fair Play regulations.
City have released one statement in light of the claims, insisting "the attempt to damage the club's reputation is organised and clear," while PSG stresses they have "always complied strictly with the laws and regulations in force and strongly denies the allegations.