Tue 04 Apr 2007Benitez to get over £40m in transfer funds from new
ownersRafael Benitez is to receive unprecedented backing in the
transfer market at the end of the season, with Liverpool's new
American owners telling their manager that they intend to bankroll
a summer of spending as they seek to make an immediate impact on
their adopted sport, reports
Dominic Fifield.While George Gillett and Tom Hicks, who completed their takeover
of the Merseyside club last month, have already stressed that they
will not match the lavish spending of Roman Abramovich following
the Russian oligarch's purchase of Chelsea, they have effectively
informed Benitez that money is not an issue in terms of his
close-season plans, granting him more financial clout than any
previous Liverpool manager. The Americans are already committed to
spending some £270 million on a new stadium in Stanley Park,
which is due to be completed in late 2008.