Liverpool boss Brendan Rodgers has said the club are confident of avoiding sanctions following UEFA’s announcement that they are are under investigation for FFP breaches.
UEFA announced during the week that the Merseyside giants are one of seven clubs that are being investigated due to supposed breaches of Financial Fair Play (FFP) breaches.
UEFA released the following statement:
“The CFCB (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.
“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.”
UEFA’s regulations state that a club’s losses must not exceed £35.4 million over a two-year period, and Brendan Rodgers has spoken about the issue.
“It’s obviously something that will be dealt with by the directors. It’s something we’re comfortable with because we’re great advocates of financial fair play. It’s ongoing with the club.”
Liverpool’s successful 2013 Premier League campaign and a new lucrative TV deal mean the club are confident that they will not punished by UEFA and that the issue will be resolved.