Liverpool have reportedly been cleared by UEFA of any financial fair play violations, as Sky Sports announced on Friday the investigation into the Premier League club has ended:
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The Reds were part of a cluster of clubs being investigated while making their return to European competition, which limits the losses such a club may have.
But as reported by the Liverpool Echo‘s Martin Ziegler, Liverpool always felt comfortable facing those allegations and were widely expected to be exonerated:
The Reds have been one of a number of clubs absent from European competition last season who have been under investigation by the Club Financial Control Body (CFCB).
Monaco, Roma, Besiktas, Inter Milan, Krasnodar and Sporting Lisbon were also among those asked to supply further information about their finances last September
The CFCB will meet on Friday and is expected to announce that investigations into Liverpool have ended without any sanctions to be brought against the Anfield hierarchy.
The ECHO reported last year that Liverpool officials remained unconcerned and were happy they haven’t broken rules which state that all clubs competing in Europe must limit losses to £35.4m over two seasons.
According to Ziegler, the club has been able to write many of its losses off as stadium expenditure and the likes, a likely reason why the Club Financial Control Body felt comfortable ending its investigation into Liverpool.
As shared by The Times‘ Tony Barrett, club chief executive Ian Ayre was relieved to hear the announcement but kept his comments brief:
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Hull City face a small fine, per Sky Sports, while many other top clubs like AS Roma, Monaco and Inter Milan will remain under investigation.
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