UEFA to investigate Liverpool for breaching Financial Fair Play rules
According to reports, UEFA will investigate four clubs – Liverpool, Roma, Inter Milan and Monaco for breaching Financial Fair Play regulations.
All the four mentioned clubs did not take part in European tournaments last year, playing only in the domestic league and knockout competitions.
But now that they are playing in the Champions League and Europa League, they come under the purview of FFP.
No financial sanctions
The FFP rules made by UEFA state that clubs cannot suffer losses more than £35.4m between the 2011/12 and 2012/13 seasons. But they are allowed to write off expenses like stadium costs and youth development.
Liverpool themselves suffered a loss of £49.8m last season. They also suffered losses of £49.8m (2012-13) and £40.5m for the 10-month period prior to that. But, they are hoping to write off £35m from that losses as part of their plans for a new stadium at Stanley Park which were aborted.
However, there will be no fines imposed, as was the case with Manchester City and PSG.
But the Anfield club could see its Champions League prize money withheld as a punishment.
Earlier, both Manchester City and Paris St-Germain were found guilty of non-compliance with regards to UEFA’s financial fair play (FFP) rules and they had to pay a fine amount of €60 million.
UEFA had also capped their Champions League squad sizes to 21 for this season.