UEFA have officially opened Financial Fair Play investigations into clubs including Roma, Inter, Liverpool and Monaco.
The news had been in the air, but was formally announced this evening in a statement.
The CFCB opened a formal investigation into Monaco, Roma, Besiktas, Inter, Krasnodar, Liverpool and Sporting.
“They disclosed a break-even deficit on the basis of their financial reporting periods ending in 2012 and 2013.
“These clubs will need to submit additional monitoring information during October and November upon the deadlines set by the CFCB, subsequent to which an additional communication will be made and conservatory measures may be imposed.
“Overall, and including the clubs already mentioned above and the nine clubs which have signed settlement agreements last season, 115 clubs will remain under monitoring throughout the campaign and have been requested to submit additional information, such as financial details for the year ending in 2014 and their overdue payables situation as of 30 September 2014, to the CFCB.”