Manchester City and Paris Saint-Germain (PSG) are set to face off at the Etihad Stadium on Wednesday in a high-profile UEFA Champions League encounter involving two clubs backed by wealthy Gulf ownership groups.

The match brings together two of European football’s most financially powerful clubs, whose rise has been closely associated with investment from the Middle East.

Manchester City is backed by Abu Dhabi interests, while PSG is owned by Qatar Sports Investments.

Beyond the contest on the pitch, the meeting has attracted attention because of the clubs’ shared history of scrutiny over financial regulations and their influence on European football.

Both clubs faced investigations into their compliance with UEFA’s Financial Fair Play (FFP) rules in 2014. UEFA investigators reported substantial financial deficits at the time, but the clubs avoided major sporting sanctions through settlement agreements that imposed financial penalties and spending restrictions. citeturn741705news3