Juventus, Fiorentina and Lazio will be relegated to the Italian second division, according to a report in the Gazetta dello Sport newspaper yesterday.
Italy's premier sports newspaper claimed it was revealing the long-anticipated ruling in Italy's match-fixing scandal, due to be given yesterday.
It also said AC Milan will be allowed to stay in the top flight but will be penalised by a points deduction and booted out of next season's Champions League.
"The verdict will be this: Juventus, Fiorentina and Lazio will be relegated to division two," said Gazetta. "AC Milan will stay in the first division but will not be allowed to take part in the Champions League."
The newspaper did not give away its sources, but claimed it also knew what point deductions each team would receive.
Juventus will be docked 20 points from the start of their Serie B campaign with Fiorentina penalized 10 and Lazio six or seven.
Milan will lose 10 to 15 points from their Serie A challenge, which would hand a huge advantage in the title race to city rivals Inter and even Roma.
The president of the Italian Football Confederation Cesare Ruperto was due to read out the verdict on the newspaper's sister television station at 8pm yesterday.
The teams will then have three days to appeal before a federal court of arbitration and a final decision will be given by July 24.
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