The verdict is due very soon but Gazzetta dello Sport reported this morning that the sanctions will be:

Relegated to Serie B and docked points for 06/07 - Juventus, (docked 20 points) Fiorentina (docked 7 points) and Lazio (docked 10 points)

AC Milan to remain in Serie A but excluded from the Champions League and docked 10 to 15 points for 06/07 season.

I will not be surprised if these are the sanctions or something very close. With a 20 point deduction it is the equivalent of demotion to Serie C.

The ramifications are extensive and the impact long term.

The sale of players will take a number of Italian players to other leagues. Traditionally Italian players do not play in other leagues. Vialli, Zola and Di Matteo (Chelsea) are probably the highest profile Italian players to make a living in another league. Di Vaio, Viera, Corradi are either border line or past their best.

Loss of revenue to the clubs and Serie A in general. I saw one estimate - from a reliable and credible journalist - that the loss to Juventus over a three year period (before they could return to Europe ) of close to $500M. That also takes into consideration the required firesale of players e.g. paid around $20M for Patrick Vieira but will be lucky to get $5M tomorrow.

The over supply of quality players will further depress the transfer market and impacts all teams in Europe. Manchester United is rumoured to want $15M for a 30 year-old Ruud Van Nistelrooy - will they get that when you might be able to pick up a 26 yesar old David Trezeguet for maybe half of that.

The quality of Italian teams in the Champions League will be less which means less money flowing to Serie A and an opportunity for other European leagues to fill the vacuum.

I am sure there are more. If you support an Italian team - and particularly one of the four - how do you see it impacting your team. For supporters of other teams how do you think the verdicts will affect your team.

And last but not least will Inter now win Serie A!