Liverpool's main sponsor Standard Chartered has been accused of overseeing transactions for companies which fund terrorist groups.
The British bank has been accused by an independent expert of overseeing £7.5billion in foreign exchange transactions with companies and individuals claimed by the US government to be funding terror groups.
Those groups include Hezbollah, Hamas, al-Qaeda and the Taliban.
Moreover, new documents submitted to a US court claimed that £78bn of transactions were overseen by the bank between 2008 and 2013 in breach of sancations against Iran.
The documents have been seen and reported on by the BBC.
Standard Chartered first started sponsoring Liverpool in 2010.
They have a £50million-per-year deal with the Reds and their name appears on the front of their shirts.
The bank has twice admitted to breaching penalties against Iran and other nations in 2012 and 2019. For that they forked out more than £1.33bn in fines.
However, Standard Chartered has never admitted to conducting transactions which benefit terrorist orgainsations.
David Scantling, an expert with expert with decades of experience in counter-terrorist financing, has analysed previously confidential bank spreadsheets.
These spreadsheets were given to the US government in 2012 by two whistleblowers.
In his court filing on May 31, Scantling claims that Standard Chartered Bank (SCB) made multiple transactions 'with or on behalf of Iranian banks, Iranian companies and Middle Eastern money exchanges that, according to (the US government), finance designated foreign terrorist organisations.'
In a statement, SCB claimed the court filing was 'another attempt to use fabricated claims against the bank, following previous unsuccessful attempts'.
The bank added: 'We are confident the courts will reject these claims, as they have already done repeatedly.'
US authorities have previously said the whistleblower's allegations 'did not lead to the discovery of any new … violations'.
Meanwhile, one FBI agent told a court that it showed nothing that 'indicated or suggested that the bank had engaged in improper US dollar transactions' beyond 2007.
Mail Sport has contacted Liverpool for comment.