New Liverpool owner John W Henry has insisted the club’s future transfer policy will concentrate on younger talent.

In the past, the Reds have brought in the likes of Robbie Keane for £20 million at the age of 28 and Alberto Aquilani for a similar price at 26.

Henry, the owner of Boston Red Sox, has now admitted he will insist manager Roy Hodgson concentrates on bringing through the club’s young talent as well as focusing on youth in the transfer windows.

Jonjo Shelvey joined the club this year from Charlton and has been given a taste of senior football alongside the likes of Jay Spearing, Stephen Darby and Martin Kelly.

Although it sounds like a wise policy, it is likely to disillusion the Anfield club’s senior players like Pepe Reina and Fernando Torres – who have already reportedly signaled their intentions to leave the Merseyside club.

“We have to be smart,” the American, who bought Liverpool in a £300 million deal, said. “We have to be more efficient. When we spend a dollar it has to be wisely.

“We cannot afford player contracts that do not make long-term sense. We have to be smart, bold, aggressive.”

These quotes have not dulled the transfer speculation surrounding Anfield, though, as 27-year-old Mirko Vucinic, 25-year-old Mario Gomez and 28-year-old Steven Pienaar have all been linked to Liverpool.

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