Manchester City are set to learn their fate over UEFA's Financial Fair Play laws.
The Club Financial Control Body's (CFCB) investigatory chamber, headed by former Belgium prime minister Jean-Luc Dehaene, is to meet on Tuesday and Wednesday to consider the cases of 76 clubs.
Those clubs considered to have committed serious breaches of UEFA's break-even rules will be referred to the CFCB's adjudicatory panel for a final verdict, with UEFA to announce details of all sanctions around May 5. The sanctions could include being barred from European competition.
Manchester City, who have lost £149million in the past two seasons, and PSG are both understood to be among the 76 clubs under investigation.
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