Paris Saint-Germain have for now been cleared of breaching UEFA's Financial Fair Play (FFP) regulations but the Ligue 1 champions' recent transfer dealings will remain under scrutiny.
European football's governing body announced on Wednesday that it had reviewed transfer contracts and analysed management related accounts and deemed these to be in line with FFP regulations.
It added that PSG's break-even result "remains within acceptable deviation" for the financial years 2015, 2016 and 2017. However, UEFA added that PSG will "remain under close scrutiny and will be thoroughly looked at in the coming weeks".
Omnisport understands that PSG will face sanctions if they are unable to raise €60m in income by the end of June.
A statement released by UEFA read: "The CFCB (Club Financial Control Body) decided to close the investigation into Paris Saint-Germain. Such decision follows a detailed review of transfer contracts and an analysis of the related management accounts which confirmed that such transactions were in line with the UEFA Club Licensing and Financial Fair Play Regulations.
"Furthermore, the chamber concluded that after significant fair value adjustments of several club sponsorship contracts - on the basis of evaluations performed by independent third party assessors - the break-even result of the club remains within acceptable deviation for the financial years ending in 2015, 2016 and 2017.
"The financial impact of transfer activities as from the 2017 summer – up to and including the upcoming transfer window - and compliance with the break-even requirement for the 2018 financial year will remain under close scrutiny and will be thoroughly looked at in the coming weeks."
UK newspaper the Financial Times reported in April that PSG could be sanctioned under FFP rules having secured sponsorship deals valued at more than the fair market rate.
The contracts were reported to be worth in the region of €200million, helping to cover the shortfall left by Neymar's world-record move from Barcelona in August.
PSG also agreed to pay €155m to complete a permanent deal for Kylian Mbappe, who they signed on loan at the club from Ligue 1 rivals Monaco.
The club denied the Financial Times report.
PSG were previously punished under FFP rules in May 2014 when the Qatari-owned club's sponsorship agreement with the Qatari Tourism Authority was judged to have an unfair value by UEFA's independent investigation panel.
Along with a €60m fine - which was later reduced to €20m - PSG had their Champions League squad limited to 21 players in 2014-15, while spending restrictions were also imposed.
|Australia talent Arzani ready to make the jump from A-League|
|Lewandowski: I can be at the top until I´m 35|
|All Blacks winger Savea confirms Toulon switch|
|Free Fall available for France after red card rescinded|
|South Korea can progress from wide-open group, says Park Ji-sung|
|Gordon called up by Wallabies to replace injured Genia|
|Germany can still win World Cup, insists Werner|
|Man United & Real Madrid talk not affecting Milinkovic-Savic|
|Out-of-contract Ruiz focused on Costa Rica|
|Southgate will not bombard England with last-minute instructions|
|Muller: Germany under extreme pressure|
|Rangers score four runs in ninth to pick up walk-off win over Rockies|
|U.S. Open champion Koepka happy to continue being ´overlooked´|
|Pogba: I´m the most criticised player in the world|
|Maradona: Sampaoli´s game plan against Iceland was a disgrace|
|De Gea will bounce back from error – Marchena|
|Slater named for Maroons return|
|Woods, Faldo, Harrington and Koepka – U.S. Open champion joins fine club after successful defence|
|Fleetwood positive despite falling short at U.S. Open|
|Jesus: I had no reason to play for a penalty|
|Hernandez admits to exaggerating fouls against Australia|
|Koepka says winning two U.S. Opens not even in his ´wildest dreams´|
|Hernandez: Griezmann an idol at Atletico|
|Sri Lanka take charge despite Gabriel exploits|
|U.S. Open final-round timeline: How clinical Koepka kept his crown|
|Koepka fights off challengers to successfully defend U.S. Open title|
|´Aching´ Neymar urges referees to intervene|
|BREAKING NEWS: Koepka holds on to defend U.S. Open title|
|Lozano goal causes artificial earthquake in Mexico|
|Djokovic: Mental battle will be Murray´s biggest|
|Hummels criticises Germany tactics in Mexico loss|
|Brazil the latest favourites to stumble, but Tite and Neymar won´t panic|
|Magnificent Fleetwood matches U.S. Open record with closing 63|
|Brazil 1 Switzerland 1: Zuber pegs back below-par Selecao|
|Warrington hold off Wakefield fightback, Tigers held despite Hitchcox heroics|
|Germany follow trend of poor starts for World Cup champions|
|Reed on the charge as U.S. Open race hots up|
|Milinkovic-Savic can play for any team in Europe, says Crespo|
|Southgate keen to unleash his bold new England|
|Konta fumes as Barty takes Nottingham title|
|Kante hails Pogba´s match-winning contribution|
|Germany struggle with generation gap|
|Neymar to make first competitive start since February in Brazil´s World Cup opener|
|Kane gunning for Ronaldo hat-trick heroics in England opener|
|Balotelli would fit in at Marseille - Raiola|
|Captain Ki happy to get tough on South Korea|
|Senegal call up Mbengue with Ciss ruled out|
|Mickelson celebrates at scene of Saturday meltdown|
|Germany 0 Mexico 1: Lozano stuns woeful reigning champions|
|Chandimal to face hearing after pleading not guilty to ball tampering|
|Griezmann ´must do more´, says Deschamps|
|Gasquet shows his class on grass to end Chardy´s chances|
|Courtois: Belgium outsiders not World Cup favourites|
|You can´t compare Ronaldo and Messi – Adrien Silva|
|Kiwis name seven uncapped players for England Test|
|Lorenzo tells critics: Remember MotoGP wins next time I struggle|
|Maaloul singles out ´future of English football´ Alli as main threat|
|Poland v Senegal: Nawalka waits on Glik|
|All Blacks draft in Riccitelli and Hemopo, Barrett not risked for third Test|
|Palermo to appeal play-off result after ´illegal game´|
|Once a year is not enough! - Alonso loved Le Mans bow|
|Colombia v Japan: Kawashima eager to right the wrongs of 2014|
|Russia v Egypt: Salah poised to derail hosts´ juggernaut|
|South Korea swapping kit numbers to confuse Sweden|
|Neuer, Ozil start for Germany in World Cup opener|
|Costa Rica and Serbia serve up plenty of the spectacular in sunny Samara|
|Alonso edges closer to ´Triple Crown´ with Le Mans glory|
|Costa Rica 0 Serbia 1: Kolarov stunner seals points|
|Belgium are better than Argentina – Gomez and Panama ignoring Iceland result|
|Messi, Ronaldo or Neymar would keep the goal - Evra defends Pogba|