6:58 AM ET
Saint Petersburg was originally scheduled to host the 2022 Champions League final. Richard Juilliart - UEFA/UEFA via Getty Images

According to sources, the Executive Committee of the European football governing body called an extraordinary meeting on Thursday and decided to strip Saint Petersburg of the hosting rights for the 2022.

The Krestovsky Stadium, the venue for the World Cup, was due to host the final of the European club competition on May 28, but it was moved back a year due to the COVID-19 outbreak.

Russian troops launched a wide-ranging attack on Ukraine on Thursday, as President Vladimir Putin cast aside international condemnation and sanctions and warned other countries that any attempt to interfere would lead to consequences you have never seen.

World leaders decried Russia's actions, and now that the season's final of the European club competition is in Saint Petersburg, the organization is prepared to act.

Following the evolution of the situation between Russia and Ukraine, the president of the organization called for an extraordinary meeting of the Executive Committee. 4 a.m. In order to evaluate the situation and take all necessary decisions.

After the meeting of the Executive Committee, further communication will be made.

Wembley Stadium is not in contention for the final due to being booked for the playoffs on the same day, according to sources.

According to sources, it is inevitable that the final will be moved because of Russia's actions against Ukraine.

Russian teams in the club competition are likely to be discussed at the Friday meeting.

According to sources, the situation around the World Cup playoffs with Russia and Poland in Moscow is being monitored by the world governing body.

The World Cup playoffs will take place on March 24 at Scotland's Hampden Park.

The Associated Press contributed to the report.