Thursday, July 09, 2009

Souness Believes Liverpool Do Not Have Finances To Compete Next Season

With escalating murmurs of player departures emanating from Anfield, together with the financial ambiguity of parent club Kop Holdings Ltd, the omens do not bode well for Liverpool's ability to compete next season.

That is the opinion of former Reds manager Graeme Souness, who informed Sky Sports News today that he does not think there will be much money spent at Anfield this summer.

"I think things will be tight," he said. "I see things being tight... I don't think there will be lots of money spent at Anfield this year."

Regarding the rumours that Real Madrid are interested in signing deep-lying playmaker Xabi Alonso, while midfield battler Javier Mascherano continues to head Barcelona's shortlist, Souness said, "They can't afford to let Steven Gerrard go anywhere, and they can't afford to allow both Xabi Alonso and Javier Mascherano to go."

When pressed as to what competition - the Premier League in particular - manager Rafael Benitez should prioritise, Souness answered without hesitation, "That, and the European Cup.

"It's an enormous task, though, and Liverpool don't have the finances."

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