Financial Fair Play: UEFA still investigating seven clubs, and analysing six others

The CFCB (Club Financial Control Body) investigatory chamber decided "to continue its investigations into seven clubs (AS Monaco FC, AS Roma, Beşiktaş JK, FC Internazionale Milano, FC Krasnodar, Liverpool FC and Sporting Clube de Portugal) that had disclosed a break-even deficit on the basis of their financial reporting periods ending in 2012 and 2013," stated UEFA (Union of European Football Associations) on 05/12/2014.

"The UEFA CFCB investigatory chamber has finished the first round of club hearings with respect to the analysis of the break-even submissions for all clubs with a financial closing date in June 2014," added UEFA. "The introduction of the UEFA Club Licensing and Financial Fair Play Regulations has already had a very positive impact on the scale of overdue payables, as they have decreased from €57m in June 2011 to €8m in June 2014. In addition, aggregate losses reported by Europe's first-division clubs in the 2013 financial year have gone down to €800m from a record-reported deficit of €1.7bn in 2011."

The CFCB requests additional information from six additional clubs