Four Sydney Swans players will not be charged after police confirmed they have finalised their investigation into a hotel room afterparty .
Isaac Heeney, Chad Warner, James Jordon and now former Swan Nick Blakey have been under investigation since August after three women made reports of sexual assault to police.
Victoria Police confirmed on Friday morning that no criminal charges would be laid.
"Following a thorough investigation and based on legal advice, Victoria Police will not proceed with criminal charges due to insufficient evidence," police said in a statement.
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The players were reportedly partying with adult entertainers in a room at the Pullman Hotel in East Melbourne on 17 August after a win against Essendon.
The four players, and fifth player Riley Bice, were suspended from round 24 and the club's two finals for what the club termed a "serious breach of expected club behaviour and standards".
Those AFL-endorsed club bans were separate from the police investigation.
Victoria Police confirmed a civil matter is ongoing.