Spanish paper AS reports that the club are preparing their case following the decision last week to ban the financially stricken club for a season.
They say that the club see their qualification for the Champions League, if achieved, as essential to their survival.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.