Arsenal boss Arsene Wenger says UEFA must be serious about their Financial Fair Play laws.

Manchester City and Paris St Germain are among a group of fewer than 20 clubs that have failed to meet key financial criteria and will learn their fate imminently after UEFA met yesterday to discuss sanctions.

"One of the rules is that normally you should be banned for the excess of the financial amount. Therefore, if you are £100m overboard, you should be punished for £100m of your wages bill in the Champions League," he said.

"I want to see that respected, if that is not respected, then the Financial Fair Play will have problems to be respected in the future because everyone will just not consider it at all.

"[Bans from European competition] have gone out now. I have thought about that problem and the media might play a part in that because when UEFA sell the rights of the Champions League to a French TV station, it is very difficult to explain to them once they have paid the money that the best club in their country will not play in the competition.

"I do not know how far it will go and how much it will be respected. If it is not respected, of course, we will feel let down.

"Also the European clubs have a kind of union [the European Club Association]. They plead for FFP and what their response will be if it is not respected will be interesting to see."