Uefa is to re-consider the decision to exclude Porto from next season's Champions League.
The Portuguese champions were originally excluded from next season's competition over alleged bribery of referees in the 2003/04 campaign.
But Uefa have confirmed that their disciplinary committee will now re-examine the case.
Uefa's appeal body made the decision to overturn the ruling after new evidence came to light.
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Porto won their domestic title and the Champions League in 2003/04 under their former coach Jose Mourinho, who has not been mentioned in any allegations.
After receiving the ban earlier this month the club announced immediately that it was to appeal against the decision.
A Uefa statement read: "The appeals body decided, in the light of new evidence submitted in relation to domestic Portuguese appeals procedures, to refer the matter back to the control and disciplinary body for reassessment."
Porto's absence from next season's Champions League would see Vitoria Guimaraes take their automatic place with Benfica gaining entry into the Champions League qualifiers.
The statement continued: "Having listened to representatives of Porto, the Portuguese Football Federation, Benfica and Vitoria, as well as Uefa, the appeals body decided to annul the challenged decision and to refer the matter back to the control and disciplinary body for reassessment.
"The control and disciplinary body will meet next week to take a decision on Porto's admission to the 2008/09 Uefa Champions League. The date of the meeting will be communicated in due course."
Porto said that the omission from the original process of Vitoria and Benfica was the reason the case had been returned.
"The jury understood that Vitoria Guimaraes and Benfica should have been invited to comment from the beginning of the process in their quality as interested parties," the club said in a statement.
(BBC)
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