Sunday, December 13, 2009

Rafa - Debt Had To Be Managed


Rafa Benitez has revealed that playing a part in helping to reduce Liverpool's debt burden was one of the most important issues he had to manage over the summer.

Liverpool's financial situation has been cited as a reason for the team's lacklustre first half to this season, with Benitez not given the funds to strengthen his squad.

He was only able to bring in Glen Johnson and Alberto Aquilani over the summer as he sought to aid the club's owners George Gillett and Tom Hicks by balancing the books with the sales of the likes of Xabi Alonso.

And Benitez insists it was vital that he understood the economic situation at Anfield in order to prevent the Reds suffering the same fate which has befallen Leeds United in recent times.

"I don't see Liverpool in the same way as Leeds," said Benitez.

"One of the priorities this year was to reduce the debt, so the club is working very hard to do this and I think that our position will be much better. We were doing a very good job this year trying to reduce the debt.

"It was one of the most important things that we had to manage. Along with football issues we had to manage them together.

"When I signed my five-year contract [in March] we knew that we had to work together so we will try to do the best for the club.

"Sometimes you can do it and still perform on the pitch and sometimes you have to wait a little bit. Sometimes you have to think about the big picture and the future of the club and that means you have to do your best on both sides.

"I think that we have to accept our situation and then try to do the best in the conditions that we have.

"Can we improve with these conditions? I think so, but it is a question of time."

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