Monday, March 22, 2010

Liverpool Planning £50 Million Shopping Spree During The Summer - Report

Liverpool are pondering over whether they should spend £50 million during the summer to rebuild their squad as the club look to mount a serious challenge to win the Premier League next term.

The Reds forked out a handsome sum to bring in Glen Johnson and Alberto Aquilani last summer, and are reportedly set to wield the axe on some squad members to raise the funds required for player purchases this summer.

News of the World reports that the Anfield outfit will have £25 million made available once fresh investment in the club has been secured, however, the rest must be raised through player sales.

Albert Riera's recent fall-out with manager Rafael Benitez has put him in pole position to leave the club. It is speculated that his sale will generate £8 million, with CSKA Moscow believed to be interested in the player's services.

Meanwhile, it is claimed that Yossi Benayoun will also be sold to raise the funds required for a splash on the market. Liverpool are expected to fetch £9 million for the popular Israeli.

The Merseysiders also have approximately £8 million in reserve, following the sales of Andrea Dossena and Andriy Voronin in January, to make up the remainder of the money required to spend big in the summer.

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