The six Premier League clubs involved in the European Super League (ESL) are set to be fined over £20m between them.
Manchester United, Liverpool, Chelsea Manchester City, Tottenham and Arsenal wanted to form a breakaway league, a plan that was widely criticised across football and by the UK government.
Further cash penalties and points deductions will be applied should they attempt a similar project again.
It is understood the fines will help fund grassroots and community projects.
Nine of the ESL clubs – the six Premier League sides, plus AC Milan, Inter Milan and Atletico Madrid – were fined a similar amount by European governing body Uefa last month.
They agreed to pay 15m euros (£13.4m) between them and have 5% of their Uefa competition revenues held for one season, starting in 2023-24.
The other three clubs involved – Real Madrid, Barcelona and Juventus – are set to face “appropriate action” under Uefa’s disciplinary process having so far refused to renounce the breakaway league.
More to follow.