Leicester City have fined but will not sack Jamie Vardy after an investigation into a racial slur made by the player at a casino.
The Sun on Sunday published a video showing Vardy abusing a fellow gambler in a casino and calling him a racially offensive term on three occasions.
The incident is reported to have taken place in the early hours of July 26 and the 28-year-old has since apologised for a ''regrettable error in judgement."
In a statement on Thursday, Leicester announced Vardy would pay a "substantial fine" and attend diversity awareness training.
"Leicester City Football Club has concluded its investigation into claims made against Jamie Vardy in the national media last weekend," the club statement said.
"Having established a full account of the incident in question and taken into consideration Jamie's prompt apology, the club has issued the player with a substantial fine and prescribed a programme of diversity awareness training.
"Jamie has been reminded of his responsibilities to the club, his profession and the Leicester community. The fine will be donated to local charities.
"The Club will make no further comment on the matter, which it now deems to be closed."
It is only a matter of weeks since Leicester terminated the contracts of Tom Hopper, Adam Smith and James Pearson, son of former manager Nigel, for their conduct on a close season tour of the country -- but before the final word came down, manager Claurdio Ranieri was confident the same fate would not befall Vardy.
''The situation is everything is OK, Jamie apologised to everyone, it was a mistake,'' said Ranieri at his news conference on Thursday.
'The relationship is OK. We go on and forward. The club has said it is OK. James has apologised and for me it is OK.
"Jamie does something on the pitch and then I speak with him.''
Asked if Vardy would be sacked, the Italian said: ''No. It is not my matter, but he won't be.''
Vardy, who opened the scoring for Leicester last weekend as they began the season with a 4-2 home victory over Sunderland, was a late bloomer at the highest level.
He was still playing non-league football with Fleetwood as recently as 2012 but made his name following a £1 million move to Leicester.
That made him the most expensive non-league player in history but he soon began repaying the faith of then-manager Pearson.
He scored 16 goals as the Foxes won promotion to the top flight, netting five times during the last campaign as the team fashioned an unlikely escape from relegation.
Vardy was rewarded with a first-time England call-up by Roy Hodgson, making his debut as a second-half substitute in the goalless friendly draw against the Republic of Ireland in June.