Source: PA
Reds chairman reveals transfer funds
Liverpool chairman Tom Werner insists the club's owners are prepared to provide money for big-name signings if it benefits the long-term future of the team.
Since their £300million purchase in October there has been little suggestion from principal owner John Henry and Werner that substantial investment would be available for squad rebuilding.
And while Werner admits they are looking for greater value in terms of the players they sign, that does not preclude a significant outlay on the right individual. That will come as welcome news to both fans and manager Kenny Dalglish, who is looking to bolster the squad he inherited from Roy Hodgson nearly a fortnight ago.
Werner said: "The Boston Red Sox have the second-highest wages in baseball and we have been as successful, if not more, than the new York Yankees.
"We are coming from a market that is somewhere like Liverpool, we are not New York or London, and we have been successful in generating revenues which we have ploughed back into an excellent team.
"We will be driven by value but we certainly have the resources to have some targets. We do have great resources. We have a very high wage bill and it shouldn't be such that we are 12th in the league right now."
