UEFA have announced that they have adopted a new set of rules to replace Financial Fair Play.
At a meeting in Switzerland on Thursday new measures that will be implemented for clubs competing in European competition were introduced, with Financial Sustainability Regulations to replace FFP from June, with the focus being on keeping player wages and transfer fees down.
Liverpool, under the ownership of Fenway Sports Group, have been one of the European clubs to have consistently flown beneath UEFA's recommended wages to turnover ratio of 70 per cent, with the most recent set of accounts showing the Reds to be spending 64 per cent of their overall revenues on wages.
