Friday, October 08, 2010

Hodgson Hoping For Major Transfer Funds

Liverpool boss Roy Hodgson is desperate to receive transfer funds from the club's prospective new owners.

New England Sports Ventures, who own the Boston Red Sox baseball franchise, are attempting to close a £300million deal to take over at Anfield.

Their hostile bid is being challenged in the courts by current American owners Tom Hicks and George Gillett, but club chairman Martin Broughton is confident of pushing through the deal before a deadline over loan repayments to the Royal Bank of Scotland next week.

Should the deal be completed swiftly then Hodgson is hoping to receive transfer funds in time to strengthen his under-performing squad in January.

The Reds are currently 18th in the Premier League table after winning just one of their opening seven games and were dumped out of the Carling Cup by Northampton Town last month.

"We know what we must do. We need new players and investment and know we're weak in certain areas," explained Hodgson.

"These things have been the case since I arrived here and we have not had a chance to put it right.

"I ask for the fans' patience, trust and belief as we will get it right."

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