Liverpool manager Kenny Dalglish will still have money to spend on transfers this summer, despite a reported £20 million loss at Anfield over the 2009-2010 financial period, according to the Daily Express.
Liverpool yesterday announced the losses as part of their clean up after the Gilette-Hicks takeover period, during which the Americans promised they wouldn’t mount the club with debt, but in fact did the exact opposite.
But managing director Ian Ayre said yesterday that the club was looking in a very positive position, despite the huge loss, with big sponsorship deals and the purchase of Liverpool by Fenway Sports Group not included in the figure.
"The club is now in an excellent position to move forward and all of us can approach the future with optimism," Ayre said.
And now the Daily Express claims that Dalglish has been given a guarantee that despite the £20 million loss, there is still money in the kitty for Liverpool to bring in new players over the summer.
Liverpool have been linked with a number of attacking players, an area Dalglish re-inforced with the last minute purchase of strikers Andy Carroll and Luis Suarez in the January transfer window for a combined amount of £57.5 million, and so far the two stars have proven their worth.