UEFA has announced it has opened a formal investigation into Liverpool and six other European clubs for possible financial fair play breaches.
Monaco, Roma, Besiktas, Inter Milan, Krasnodar and Sporting Lisbon are the other clubs under investigation.
The clubs have recently submitted their accounts to UEFA and are due to be asked to provide further information on their finances as the governing body dictates that losses must be restricted to £35.4million over a two-year window.
Liverpool reported losses of £49.8m for the 2012-13 season, and £40.5m for the 10-month period before that.
A statement from UEFA read: “The clubs disclosed a break-even deficit on the basis of their financial reporting periods ending in 2012 and 2013.
Anfield Stadium |
Monaco, Roma, Besiktas, Inter Milan, Krasnodar and Sporting Lisbon are the other clubs under investigation.
The clubs have recently submitted their accounts to UEFA and are due to be asked to provide further information on their finances as the governing body dictates that losses must be restricted to £35.4million over a two-year window.
Liverpool reported losses of £49.8m for the 2012-13 season, and £40.5m for the 10-month period before that.
A statement from UEFA read: “The clubs disclosed a break-even deficit on the basis of their financial reporting periods ending in 2012 and 2013.