UEFA are to investigate seven clubs over possible breaches of Financial Fair Play (FFP) regulations.
The news was announced on Thursday, as European football’s governing body continues its crackdown on profligate clubs.
Liverpool made a loss of £49.8m for the 2012-13 season, and £40.5m for the 10-month period before that. UEFA’s FFP rules state losses must be no more than £35.4m over the 2011-12 and 2012-13 seasons, but they allow expenses such as on youth development and stadium costs to be written off.
Liverpool’s 2011-12 accounts reported that £49.6m was associated with costs associated with their plans to extend their Anfield stadium.
Liverpool manager Brendan Rodgers said the club was comfortable with the investigation as it had complied with UEFA rules.
“It’s obviously something that will be dealt with by the directors,” said Rodgers. “It’s something we’re comfortable with because we’re great advocates of financial fair play. It’s ongoing with the club.”
As well as Liverpool, Inter Monaco, Roma, Sporting, Besiktas and Krasnodar, are also under investigation from the UEFA Club Financial Control Body (CFCB), after they failed to break even in their latest financial reports.
“The CFCB has opened formal investigations into seven clubs (Monaco, Roma, Besiktas, Internazionale, Krasnodar, Liverpool and Sporting) as they disclosed a break-even deficit on the basis of their financial reporting periods ending in 2012 and 2013,” a statement read.
“These clubs will need to submit additional monitoring information during October and November upon the deadlines set by the CFCB, subsequent to which, an additional communication shall be made and conservatory measures may be imposed.”
Manchester City and Paris Saint-Germain were punished by UEFA, after both clubs were found to be in breach of the regulations.
Premier League champions City were hit with a fine of €60million, while their squad for this season’s UEFA Champions League was reduced to 21 players.
PSG, champions of Ligue 1, were hit with a similar punishment, although both club’s fines will be reduced to €20m if they comply with the body’s break-even rules in the future.
