NYON, Switzerland: Champions League last 16 side Malaga face a one-year ban from European competition if they do not put their financial house in order, UEFA said on Friday.

European football's governing body said the Spanish side would be barred from taking part in either the Europa League or Champions League when they next qualify if they were unable to prove they had no outstanding debts.

UEFA's club financial control body adjudicatory chamber, which met in Nyon, Switzerland, on Friday, gave the Liga club a deadline of March 31 next year to prove it had “no overdue payables” to clubs, employees or the tax authorities.