Manchester City's huge fine for breaching UEFA's financial fair play rules is to be shared out around the other clubs in the Champions League.

City were fined £50million for the FFP breaches but will only have to pay around £20million if they comply with the break-even rules in future seasons.

The first tranche of payments from City, Paris St Germain and Zenit St Petersburg will total £20million and will be split among the Champions League and Europa League clubs who did comply with the rules last season.

A similar sum will be distributed to clubs who comply with the FFP rules in this season's European competitions.

European Clubs' Association chairman Karl-Heinz Rummenigge said UEFA had agreed the fines should go to the other clubs.

He told a news conference in Geneva: 'It was an agreement between UEFA and the clubs that it was money belonging to the clubs.'

The clubs will have a chance to argue any changes to FFP rules at a meeting with UEFA on October 13.

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