UEFA is considering a two-year Champions League ban for the clubs that signed up to create the Super League and have yet to distance themselves from the project.
UEFA have spent the past 10 days in conversation with the 12 clubs in an effort to agree a lesser sanction and extract a formal definitive commitment not to pursue the Super League effort.
While they have reached an understanding with Arsenal, Atletico Madrid, Chelsea, Manchester City, Manchester United and Tottenham Hotspur, they have yet to do so with Juventus, Real Madrid, Barcelona, AC Milan and Inter Milan. Inter was close to a deal, though none has been reached yet.
The four clubs holding out believe they are in a strong position, as the original documents filed with UEFA and FIFA stated that the Super League was asking the body "for permission" to run their competition and for "recognition" rather than breaking away from the organization.