The new financial regulations brought in by UEFA are designed to ensure that clubs must live within their means financially.

"Everyone, including PSG, know the rules and knows when they kick in. They know the rules are that they have to generate revenues to cover their costs without cheating," he said.

"When we first discussed FFP it was Chelsea [that attracted questioning], then you have Manchester City, then it was PSG. Our responsibility is to have a system that works for more than 630 clubs and not look at one club and neglect the rest. Each individual situation will be assessed very carefully by these two panels."