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Liverpool set to be investigated for breaching financial fair play regulations

Liverpool set to be investigated for breaching financial fair play regulations
25.09.2014 19:05
Liverpool are being investigated by UEFA for possible breaches of their financial fair play rules.

Liverpool, Monaco, Inter Milan and Roma — who were all absent from European competition last season and have recently submitted accounts to UEFA — are due to be asked for further information about their finances.No financial sanctions will be imposed at this stage, though a provisional sanction to withhold Champions League money is possible as a next step. The Merseyside club made a loss of £49.8million for the 2012-13 season, and £40.5m for the 10-month period before that.Liverpool will hope to avoid any sanctions by writing off a big chunk of losses as allowable stadium expenditure. The 2011-12 accounts reported that £49.6m was associated with Liverpool’s stadium costs, £35m of which was related to the aborted plan to build a new home at Stanley Park.UEFA’s FFP rules say losses must be no more than £35.4m over the 2011-12 and 2012-13 seasons, but allow expenses such as youth development and stadium costs to be written off.Meanwhile, Rickie Lambert has asked Liverpool’s conditioning team to intensify his training regime in an attempt to kick-start his Anfield career.The England striker made his first start since his £4m move from Southampton in Tuesday’s Capital One Cup win over Middlesbrough and was made captain. But he was substituted in the second half.(dailymail.co.uk)Bakudaily.Az

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