Asked if the club must now focus on fourth place in the Premier League, England international Steven Gerrard replied: "Of course, that is always the priority at this club."
Inadvertently, Steven Gerrard offered Liverpool supporters a glimpse into the stark reality of the club's predicament as he mulled over defeat to Fiorentina, and elimination from the Champions League, this week. Asked if the club must now focus on fourth place in the Premier League, the England international replied: "Of course, that is always the priority at this club."
He meant, of course, that Liverpool's stature relies upon their continuing presence among the continent's elite, that the club could not run the risk of the financial shortfall of missing out altogether, that their desire to challenge Europe's elite for the signatures of the world's best players is predicated upon offering them the lure of Champions League football.
It sounded, though, as a damning indictment of Liverpool Football Club, class of 2009. At a club which, as Bill Shankly said, existed solely to win trophies, it is now the taking part that counts.
That Liverpool are operating under such severe financial constraints that to demand any more would be churlish is well-documented. The club hope to find an investor, or investors, to take a 25 per cent stake of Anfield by the end of the season.
The £100 million cash injection would help kick-start the building of the new stadium on Stanley Park, as well as allowing manager Rafael BenÃtez more leeway in the transfer market.
Even that injection of capital is unlikely to bridge the gap between Liverpool and the petrol parvenus of Chelsea and Manchester City, or the Old Trafford marketing juggernaut.
Liverpool's wage bill is the fifth highest in the Premier League. Figures suggest that factor determines league finish with almost unerring accuracy. Unlike City, Liverpool must live within their means. Until those means increase, they can hope for little better.
Inadvertently, Steven Gerrard offered Liverpool supporters a glimpse into the stark reality of the club's predicament as he mulled over defeat to Fiorentina, and elimination from the Champions League, this week. Asked if the club must now focus on fourth place in the Premier League, the England international replied: "Of course, that is always the priority at this club."
He meant, of course, that Liverpool's stature relies upon their continuing presence among the continent's elite, that the club could not run the risk of the financial shortfall of missing out altogether, that their desire to challenge Europe's elite for the signatures of the world's best players is predicated upon offering them the lure of Champions League football.
It sounded, though, as a damning indictment of Liverpool Football Club, class of 2009. At a club which, as Bill Shankly said, existed solely to win trophies, it is now the taking part that counts.
That Liverpool are operating under such severe financial constraints that to demand any more would be churlish is well-documented. The club hope to find an investor, or investors, to take a 25 per cent stake of Anfield by the end of the season.
The £100 million cash injection would help kick-start the building of the new stadium on Stanley Park, as well as allowing manager Rafael BenÃtez more leeway in the transfer market.
Even that injection of capital is unlikely to bridge the gap between Liverpool and the petrol parvenus of Chelsea and Manchester City, or the Old Trafford marketing juggernaut.
Liverpool's wage bill is the fifth highest in the Premier League. Figures suggest that factor determines league finish with almost unerring accuracy. Unlike City, Liverpool must live within their means. Until those means increase, they can hope for little better.
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