Sunday, May 25, 2008

Benitez To Spend £70 Million - Report

Liverpool manager Rafael Benitez is hoping to spend £70 million this summer as he rebuilds his squad and attempts to bring the Premier League title to Anfield for the first time.

Liverpool’s American owners are expected to hand Benitez £20 million to enhance his squad but Benitez is hoping he can also raise £50 million from player sales to ensure a massive summer spending spree.

According to the News of the World Benitez is hoping to be able to raise £50 million from the sales of players such as Xabi Alonso, Peter Crouch, Scott Carson, John Arne Riise, Jermaine Pennant, Steve Finnan and Andriy Voronin.

He will then use the money to help strengthen his squad and is reported to have his eye on Aston Villa’s Gareth Barry as well as Andrew Dossena from Udinese. Liverpool have also this week confirmed the transfer of defender Philipp Degen, albeit on a free transfer.

Despite the ongoing behind the scenes ownership battles at Anfield it seems likely that Benitez will be handed more time and money at Liverpool to challenge for the title.

Despite spending heavily last season on players such as Fernando Torres, Javier Mascherano and Ryan Babel, Liverpool finished the season without a trophy and some eleven points behind champions Manchester United.

Captain Steven Gerrard has already called for more investment in the squad if his side are to close the gap on Manchester United and Chelsea and it seems as if his words are going to be heeded and another busy summer in the transfer market awaits for Liverpool.

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