Reports have emerged suggesting that former UEFA president Michel Platini could receive cash compensation from European football's governing body, despite serving a four-year suspension.

Platini and former FIFA leader Sepp Blatter are both under criminal investigation by Swiss prosecutors over a £1.5m payment that Blatter authorised in 2011 for work carried out a decade earlier without a contract.

The Frenchman was originally suspended last December by FIFA's ethics committee from any football-related activity, which was reduced to six years on appeal, then to four years by the Court of Arbitration for Sport.

However, German newspaper Frankfurter Allgemeine Zeitung claimed on Tuesday that Platini could yet receive a payout as part of a severance and retirement package.

Addressing the report, UEFA said in a statement: "The overall matter of his remuneration since his suspension will be addressed by the UEFA Executive Committee in due course following advice and proposals from the newly formed UEFA Compensation Committee and legal experts."

Platini, 62, has claimed that his 'conscience is clear' with regards to any wrongdoing and says that he will continue the fight to clear his name.