Liverpool's potential qualification for next season's Champions League has received a major boost after UEFA confirmed the club won't be forced to comply with its "break-even rule" before the start of next year's competition.
As reported by Martyn Ziegler of the Press Association and via the Daily Mail, the Reds will avoid investigation due to their absence away from this season's European competition:
Liverpool and other clubs such as Monaco who are not playing in Europe this season will not have to pass UEFA's break-even rule in order to take part in the next Champions League campaign, it has been confirmed.
Only the 237 clubs who took part in this season's Champions League and Europa League are currently being assessed, UEFA has confirmed.
Should Liverpool qualify for a stint in Europe next year—an achievement that is looking extremely likely with the club currently second in the Premier League—they will be "assessed next autumn," with possible sanctions due to be imposed in 2015.
Liverpool recently announced losses of £49.8 million across the past year, as reported by Sky Sports. Revenue is up nine percent and external debt has depleted by 29 percent, but the club hopes to continue improving its financial situation in order to guarantee safety, per Ziegler's report:
Liverpool remain hopeful that they will comply despite their losses. The club may be able to write off a loan made by owners Fenway Sports Group to repay a £38million loan taken out to develop stadium plans by the former owners Tom Hicks and George Gillett.
Currently six points clear of Tottenham in fifth, Brendan Rodgers' side will also breathe easier with the Champions League's additional television rights and winnings added to their bank account.
A run to the final can produce up to £70 million according to ESPN, signalling a major step forward for the club that has blitzed through many domestic opponents with attacking menace this campaign.
Chelsea boss Jose Mourinho recently followed in the footsteps of Arsene Wenger by suggesting Liverpool have a "big advantage" in this season's title race due to "the fact that they don't play in the Champions League," reported by Sky Sports.
Fatigue certainly won't be a problem for the Merseyside club, who will need to begin preparing squad reinforcements to deal with next season's likely additional load. With players such as Luis Suarez and Steven Gerrard currently performing excellently, Rodgers will have a real opportunity at landing further world-class players for the Kop to enjoy.
Any transfer will of course have to be completed with financial restrictions in mind. We recently saw this with failed bids for Mohamed Salah and Yehven Konoplyanka, two deals that failed to materialise after fees couldn't be agreed, detailed by Joe Bernstein of the Daily Mail and Jonathan Birchall of Goal.com respectively.
Rodgers and his team certainly need to embark on careful dealings during the summer, with value-for-money high on the agenda, but Liverpool's likely return to the Champions League is aided by an extra year to sort out any potential breaches of FIFA's new guidelines.
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