• Football

Liverpool set to escape FFP fine

ESPN staff
February 26, 2015
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Liverpool are expected to be cleared of any Financial Fair Play breaches on Friday, but Hull will be handed a small fine by UEFA.

Liverpool are one of several clubs absent from European competition last season who have been under investigation by the Club Financial Control Body (CFCB).

The CFCB will meet on Friday and is expected to announce that investigations into Liverpool have ended without any sanctions being brought against the club.

But it is understood that Hull, who played in the qualifying rounds of the Europa League, have agreed to settle for a small fine for FFP breaches.

Last year, Levski Sofia and three Turkish clubs received fines of €200,000 (£145,000), with Hull's sanction thought to be similar.

The CFCB is also expected to announce that investigations into Monaco, Inter Milan, Sporting Lisbon and Roma are to continue.

Liverpool made a loss of £49.8 million for the 2012-13 season and £40.5m for the 10-month period before that, but they have been able to write off a big chunk of losses as allowable stadium expenditure.

The 2011-12 accounts reported that £49.6m was associated with stadium costs, with £35m coming from former co-owner Tom Hick's aborted plan to build a new stadium in Stanley Park, which new owners Fenway Sports Group had to scrap.

Last season, Manchester City and Paris Saint-Germain were the clubs hit hardest by UEFA for breaching FFP rules, with each being fined £49m and given restrictions on transfer spending and a reduction in Champions League squad size.

UEFA are continuing to monitor the two clubs this season, and auditors are due to visit City next week.

Liverpool, owned by John W Henry, made a loss of £49.8 million for the 2012-13 season © Getty Images
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