Wednesday, 5th March, 2014
Liverpool and Monaco will not have to comply with UEFA's financial fair play rules to take part in next season's Champions League, if they qualify.
UEFA recently announced that it is investigating 76 clubs over potential breaches of its financial fair play rules.
If any sides are found to have broken the rules, UEFA can impose sanctions and could even take the ultimate step of banning clubs from European competition.
However, Liverpool and Monaco, along with other clubs just entering European competition next season after failing to take part this term, will not be subject to sanction, according to the PA.
Indeed, should Liverpool and Monaco qualify, they would only have their finances assessed next autumn, with any sanctions then applicable in 2015.
Liverpool recently announced a loss of £49.8m for the financial year up to May 2013, while Monaco may have lost more money due to a lavish spending spree which has sent the side to second in Ligue 1.