Liverpool manager Brendan Rodgers will be backed by owners in the transfer market, despite the club registering record financial losses.
Rodgers has done an impressive job since landing the Anfield role, and has now placed the Reds in a title winning position.
Managing director Ian Ayre told the Liverpool Echo that Rodgers was doing 'an outstanding job'.
"We all had great faith in Brendan when he was appointed and I think he had a huge challenge in front of him," said Ayre.
"Both the efforts of Brendan and the players have been astounding. The results are being delivered as a group and the performance of the players has blown everyone away."
His comments come on the back of a poor financial year for Liverpool, with the club registering record losses of £49.8 million as well as their net debt rising by 31% to £114 million, according to new reports.
It wasn't always smooth sailing for the Liverpool boss; they finished in 7th place last season in the Premier League.
"In his first season he would admit - and I would admit it publicly - that there was a lot of finding his feet and starting to impart his philosophy and his style into the team.
"I think what we have seen this year is that starting to grow and prosper. And we'll continue to add to the team and support him in putting additional players into the group."
Liverpool currently sit in second place in the Premier League, facing fierce competition from Chelsea and Manchester City for the league title, who are first and third respectively.
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