* Club faces European ban if commits a further offence

Greek club PAOK Salonika have been fined and threatened with a ban from European competition for breaching UEFA's club licensing regulations, European football's governing body said.

UEFA said its disciplinary committee had fined PAOK, who have reached the last 32 of the Europa League, 250,000 euros ($319,000), of which 200,000 euros is suspended for a probationary period of three years.

The finance directors at all Premier League were recently sent a questionnaire containing 181 questions looking closely into the financial affairs of the clubs and players, specifically the issue of perks, as HMRC looks to crack down on blatant abuses of the system.

• Government wants biggest possible increase in participation

The government this week unveiled a new strategy to address declining participation figures among young people and stalled progress in the plan to use the 2012 Games to inspire the population to get fit. Hunt said that the £450m earmarked for sports governing bodies over four years to develop links between schools and clubs and drive grassroots sport could be diverted elsewhere if they failed to deliver.