Liverpool set to face Financial Fair Play sanctions

Liverpool are set to face Financial Fair Play sanctions after reporting a loss of £49.8m in the 2012-2013 Financial year.

The Anfield based club returned to the Champions League this season after a five year absence but their return may see them land in trouble with governing body UEFA, who have strict financial fair play sanctions.

Financial documents posted by the Merseyside club are way over the Maximum loss of £35.4m per three years and they are now under heavy investigation.

The Reds were of course allowed the current debt as Premier League clubs are allowed a maximum of £105m loss per three years.

Reports across England and in foreign press claim that Liverpool may lose their £7m Champions League prize fund which they received for finishing second to Manchester City last season.

Both Man City and Paris Saint Germain have recently been fined by UEFA and been forced to pick just 21 players in the competition this season.


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