Hull City Under UEFA Investigation for Potential Financial Fair Play Violations

UEFA are reportedly set to conduct a full investigation into Hull City’s finances as part of the Financial Fair Play regulations. 

According to Paul Gorst of The Mirror, the Tigers are one of a number of sides who will have to submit their financial information to European football’s governing body to see if there have been any offences committed.

Amy Lewis of Sky Sports provided further information on the matter, claiming that Liverpool are another of the clubs being looked at by UEFA:

The Premier League has already felt the effect of these new regulations in earnest, with champions Manchester City falling foul of the requisite demands back in May. Subsequently they were fined £50 million and had their squad of players for the Champions League reduced to just 21 players.

As quoted in Gorst's piece, UEFA believe these new guidelines are already having "a very positive impact" on the game.

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According to transfermarkt.co.uk, Steve Bruce’s side—who played in European competition for the first time in their history this season—had a net spend of over £20 million this summer after signing the likes of Abel Hernandez, Robert Snodgrass and Jake Livermore. They are currently languishing down in 17th in the Premier League table.