Liverpool along with AS Roma AS Monaco and Inter Milan are under the UEFA scanner

Liverpool along with AS Roma, AS Monaco and Inter Milan are under the UEFA scanner

Liverpool FC has made a controversial return to European football as they are amongst nine clubs which are under the investigation carried out by UEFA for monitoring any violations of their Financial Fairplay(FFP) rules.

AS Roma, AS Monaco, Besiktas , Inter Milan, FC Krasnodar and Sporting Clube de Portugal are other clubs who are subject to an inquiry from UEFA.

A statement on UEFA’s website read as follows,

“The UEFA Club Financial Control Body (CFCB) has opened formal investigations into seven clubs (AS Monaco FC, AS Roma, Besiktas JK, FC Internazionale Milano, FC Krasnodar, Liverpool FC and Sporting Clube de Portugal) as they disclosed a break-even deficit on the basis of their financial reporting periods ending in 2012 and 2013. 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 will be made and conservatory measures may be imposed.

Overall, and including the clubs already mentioned above and the nine clubs which have signed settlement agreements last season, 115 clubs will remain under monitoring throughout the campaign and have been requested to submit additional information, such as financial details for the year ending in 2014 and their overdue pay situation as of 30 September 2014, to the CFCB.”

According to UEFA’s FFP policy, no club participating in any of the UEFA organized competitions should have losses more than £35.4m over two seasons. Last season, Manchester City and Paris Saint-Germain were penalized for breaching FFP rules. The clubs who break this rule can still participate in UEFA competitions by signing a settlement agreement, as done by both Manchester City and PSG.