Wednesday, December 19, 2007

Reds Transfer Cash Pledge

Liverpool's American owners have insisted Rafa Benitez is the manager they want to take them into the future.

But George Gillett and Tom Hicks have stopped short of an unequivocal backing of the Spanish coach, which leaves his long-term position in doubt. Benitez is safe until the end of the season at least after a summit meeting between the two parties on Sunday night thrashed out their immediate differences.

And both the Liverpool boss and the Americans have agreed to use the next six months to help repair the damage to their relationship, and see where the new-found peace agreement takes them. Both sides have also agreed not to air their disputes in public again, and Benitez has been offered some appeasement with the promise of a new signing in the January transfer window.

Gillett spoke about the problems he and Hicks have endured in their relationship with the manager, and insisted both sides will now try to work together.

"This situation wasn't supposed to happen, but it has happened, and now the focus has to be on finding a common platform to continue our co-operation," Gillett said.

"I've been married over 40 years and have first-hand knowledge about how to solve an argument. Rafa is the one we want as a manager further on, and we have faith in him.

"We concentrated on getting an overview over the situation, and I felt we accomplished that."

While that assures Benitez about his immediate position, it is clear that there is merely an uneasy truce in place, with the potential still for a parting of the ways.

Insiders suggest that both the manager and the Americans want to go on until the summer, and then decide if the relationship is working.

Benitez is still unhappy with the way the club drags its feet over potential deals, and he has been given no assurance that it will change.

He has also been told that chief executive Rick Parry will still conduct all financial negotiations, with the manager expected to take a secondary role in deals. There is further confusion over the sort of transfer budget the Spaniard can expect, both in January and, importantly, next summer.

Parry yesterday revealed the club simply cannot afford the planned new stadium to replace Anfield, and will now have to draw up yet more designs to try to cut projected costs.

It is a massive blow to the Merseyside club, because the hi-tech new stadium was a central platform in their blueprint to generate income.

Parry said: "We are now considering two schemes but the stadium will be a 70,000- seater.

"The new stadium will be a significant improvement on the original plans (from 2001) and a slightly downgraded version of the new ones (which were submitted two months ago)."

These plans will again have to go before Liverpool City Council and then the government for final approval, but it appears there will be less of an emphasis given to areas which generate significant match-day income.

And with the new owners clearly looking to cut costs, Benitez fears that there will be little or no money in the short to medium term for transfers, with all profits set against the interest on massive loans required to pay for the purchase of the club and their new home.

If Benitez feels that he is not getting sufficient backing by the summer, then he has made it clear to his closest associates that he will consider some of the other offers from top European clubs he is bound to receive by then.

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