Manager Rafael Benitez completed a club record £20million transfer for striker Fernando Torres from Atletico Madrid this week and is targeting further signings as he seeks to break the Premier League stranglehold of Manchester United, Chelsea and Arsenal.
Gerrard praised Gillett and Hicks for backing Benitez financially, believing they have set the club on the way to restoring former glories, and the England midfielder described the American duo as "classy guys with sharp business minds".
© Copyright PA Sport 2007, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms