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Liverpool cleared of FFP breaches but Hull City fined

Liverpool have been cleared of Financial Fair Play breaches by Uefa but Hull City are among four clubs to be fined.

The Reds were among several teams to be investigated by the Club Financial Control Body (CFCB) after posting losses of £49.8 million over 2012-13, with Uefa mandating that losses should not exceed £35.4m over two seasons.

But, after submitting additional financial information - understood to include allowable stadium expenditure - Liverpool have satisfied break-even requirements, Uefa announced on Friday, though monitoring will continue.

In the same statement, Hull were confirmed to have been fined €200,000 (£145,000) for minor breaches and could be made to pay a further €400,000 (£290,000) if they do not now fall into line.

Panathinaikos, Hapoel Tel-Aviv and Polish outfit Ruch Chorzow are the other teams to have been fined €200,000 and will be subject to ongoing monitoring.

Sparta Prague have been cleared, while Levski Sofia and Trabzonspor, who both signed settlement agreements last May, complied with the terms set out to them and have exited the settlement regime.

Russian sides Dinamo Moscow and Lokomotiv Moscow are now under investigation after their financial reports for the past three years were submitted.

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