Liverpool's John W Henry casts doubt on financial fair play's chances

• Top European clubs 'ignoring rules'• Owner says Premier League may have to actLiverpool's principal owner John W Henry has claimed the Premier League may create its own penalties for clubs who sustain major financial losses should Uefa fail to impose a robust deterrent.European football's governing body will enforce its financial fair play rules from the 2013-14 season, when clubs will be required to break even on their balance sheets albeit with allowances such as the "acceptable deviation" of €45m (£35.5m) over the first two years. FFP, however, only applies to clubs competing in Uefa comp...

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