"After analysis of the matter, in particular a review of the official video footage, the chairman of the FIFA Disciplinary Committee has considered that there is no element justifying the opening of disciplinary proceedings," a FIFA spokeswoman said.
The midfielder was pictured raising his index fingers apparently in the direction of the match referee who had moments earlier sent off Portugal defender Pepe.
Portugal's football association was quoted in newspapers as saying Meireles made the gesture to explain tactics with a team mate and it was not aimed at the referee.
(Writing by William Schomberg, editing by Ed Osmond)
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