European football's governing body UEFA has banned Serbia's multiple champions Partizan Belgrade from European competition over unpaid debts, the B92 news portal reported Wednesday.
According to the report, which B92 said UEFA confirmed, Partizan will not be allowed to take part in the Champions League or Europa League in the next three seasons.
Partizan were previously suspended in 2013 because of its persistent financial woes.
B92 quoted a Partizan official as saying that the ban will not come in to force if it pays 360,000 euros (381,000 dollars) of its debts, though it is not clear to whom this should be paid.
An appeal is possible to the Court of Arbitration for Sport within 10 days, the report said.