Liverpool FC in Uefa financial fair play investigation

Liverpool FC is one of seven clubs being investigated for possible Financial Fair Play breaches, Uefa has confirmed.

Monaco, Inter Milan, Roma, Besiktas, Sporting Lisbon and Krasnodar are the other clubs being investigated.

Manchester City and Paris St-Germain were fined £49 million each in May after breaking FFP rules and had a limit put on their spending.

Under Uefa rules, clubs competing in Europe must limit their losses to £35.4 million over two seasons.

In a statement, Uefa said: “The Club Financial Control Body has opened formal investigations into seven clubs as they disclosed a break-even deficit on the basis of their financial reporting periods ending in 2012 and 2013.” The clubs must submit “additional monitoring information” in October and November before Uefa decides on any punishment.

According to Uefa’s Club Licensing System and Financial Fair Play regulations, club cannot repeatedly spend more than their generated revenues and clubs will be obliged to meet all their transfer and employee payment commitments at all times

Higher-risk clubs that fail certain indicators will also be required to provide budgets detailing their strategic plans Teams participating in Uefa club competitions have had their transfer and employee payables monitored since the summer of 2011.

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