Liverpool escape financial fair-play fine
Liverpool have satisfied UEFA's new financial fair-play regulations but European football's governing body fined four other clubs including Hull City on Friday. While Hapoel Tel-Aviv, Greek giants Panathinaikos of Greece, Hull and Ruch Chorzow of Poland were all fined 200,000 euros (223,000 dollars, 145,000 pounds) for breaching rules layed down by UEFA, Sparta Prague and Liverpool were both cleared. All clubs competing in European football competition must limit losses to 40 million euros (45 million dollars, 29 million pounds) over two seasons or face financial sanctions. "These agreements are aimed at ensuring each club achieves break-even compliance with minimal delay," UEFA said. "Sparta Prague and Liverpool FC have been found to have satisfied the break-even requirement and are no longer under investigation," the statement added. Last season Paris Saint-Germain and Manchester City were both hit with fines and European squad size restrictions and City are due for a UEFA visit next week. Investigations into Monaco, Inter Milan, Sporting Lisbon and Roma are also to continue.
