The Premier League have announced the club will be prohibited from signing any academy players who have been registered with a Premier League or EFL club in the preceding 18 months.
Although the ban is for two years the second 12 months has been suspended for a three-year period and will only be activated in the event of any further similar breach by the club.
A brief statement from Liverpool said: "The club accepts the sanction."
The case involves forbidden inducements offered to a 12-year-old at Stoke and whom Liverpool accept they spoke to before they should have and also paid for him and some of his family to attend a game at Anfield.
Liverpool also offered to pay the player's school fees, which were being paid by Stoke at this time, but this was a breach of newly-introduced regulations which state a benefit can only be offered if it is applicable to all youngsters across the club's academy and this was not the case.
Read the full article on eurosport.co.uk: Liverpool fined £100,000, handed academy transfer ban