Manchester City's stars caught on film mocking Liverpool

Teemu Pukki celebrates after Norwich were confirmed as champions

The report says that an investigation is underway and the expectation is that a recommendation will be made to ban the team from UCL, possibly for the 2020-21 season, which would be a huge blow to a club that just won back-to-back Premier League titles and has the Champions League as its main objective each season.

The ban, should it be upheld, would be a massive blow for the Premier League champions given that the Champions League is unquestionably the trophy that the club and its owners desire most, having already won virtually everything there is to win in the domestic game.

Manchester City have hit back at claims they risk a Champions League ban.

Chief investigator Yves Leterme will pass any recommendation on to UEFA's adjudicatory chamber, which would have to decide whether it agreed any proposed punishment was suitable.

"The New York Times report citing "people familiar with the case" is therefore extremely concerning".

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UEFA's group investigating City's finances are believed to have finalised their conclusions during a meeting in Nyon, Switzerland two weeks ago. "The accusation of financial irregularities are entirely false, and comprehensive proof of this fact has been provided to the CFCB IC". The implications are that either Manchester City's good faith in the CFCB IC is misplaced or the CFCB IC process is being misrepresented by individuals intent on damaging the Club's reputation and its commercial interests.

The altered version of the song, that is filmed on board a plane, presumably transporting City players and staff from Brighton after their Premier League title triumph on Sunday, mocks Liverpool as "victims of it all" and that they're "battered on the streets".

Manchester City have not commented on the video. Europe's governing football body has leaked information regarding an investigation into Manchester City's financial matters, with a potential breach in financial fair play being the major reason.

If he does sanction a year-long Champions League ban, given that Man City would nearly certainly appeal, it is unclear it would be able to be enforced in time for next season's competition.

The person also said the Premier League champions have not been cooperating with the investigation when they have been asked about information in leaked documents.

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