The Premier League will impose substantial fines on the six sides that were involved in the breakaway European Super League, The Telegraph's Sam Wallace reports.
Though the amount is unclear, it's reportedly enough to have an effect on the rebel clubs.
However, the teams won't face points deductions, according to Wallace. The Premier League reserves such punishment only for clubs that file for bankruptcy, as Portsmouth did in the 2009-10 season.
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, and Tottenham agreed to join the European Super League in mid-April, only to withdraw two days later amid intense backlash from fans, former players, and politicians.
Last week, the Premier League removed executives from various advisory roles, including the broadcast committee. It also called on the government to pass legislation protecting English football's "open pyramid."
Now, it's prepared to punish the teams financially for breaking Rule L9, which prohibits clubs from entering any non-recognized competition without written approval from the Premier League.
The Football Association opened a parallel inquiry into the Super League plans last Friday and requested evidence from the clubs involved.