Rodgers unconcerned by Reds debt

Brendan Rodgers insists an increase in Liverpool's debt levels will not impact on his ability to strengthen the squad.

Last Updated: 08/03/13 at 16:58 Post Comment    Bet with SkyBet  Premier League. Click here to bet.

Latest Articles

Carroll passes West Ham medical

Post comment

Andy Carroll is on the brink of joining West Ham permanently after passing a medical with the Premier League club.

Brighton hit back at LMA

Post comment

Brighton have threatened to take action against the LMA as the dispute with Gus Poyet rumbles on.

All Articles

Brendan Rodgers: Hoping to strengthen th

Brendan Rodgers: Hoping to strengthen th

Brendan Rodgers insists an increase in Liverpool's debt levels will not impact on his ability to strengthen the squad this summer.

On Monday the publication of the Reds' annual accounts revealed a loss of £40.5million with overall debt rising by £21.8million to £87.2million

But Rodgers denied that would impact on his spending, stressing owners Fenway Sports Group had already pledged their full support for his restructuring plans.

"If you look where the club was at four years ago and where it is now it is a different place," said the Liverpool boss, who has spent part of his first year in charge cutting the wage bill at Anfield by offloading high-earning but low-performing players.

"Of course there is still debt there but I think next year's results will show further improvement on that.

"In terms of me building the squad I've already got the assurances it won't affect anything.

"I think you have to give massive credit to the board and FSG because they took on an astronomical amount of debt - almost £400million - so where it is at now in their short period of time here is a huge credit to them while still supporting the investment of the team.

"They have made every promise and every commitment to me that every single penny they have will go into generating the squad and making it better.

"We won't be able to do it like some clubs and throw out masses each year but that is something as a club we are looking to standardise here while still growing the club and bringing in quality players and that won't stop in the summer."


Click here for completely free £10 bet with Sky Bet & £5 free every week


Bet with SkyBet  Premier League. Click here to bet.

Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Footer 365

Transfer news: Andy Carroll passes West Ham medical ahead of Liverpool exit

Liverpool striker Andy Carroll has passed his medical with West Ham ahead of his proposed £15million move to Upton Park.

European U21 Championship: Thiago treble secures glory for Spain against Italy

Spain captain Thiago Alcantara hit a hat-trick to help his side secure U21 Euro glory with a 4-2 victory over Italy.

Jermaine Pennant agrees new one-year deal with Stoke City

Jermaine Pennant has put pen to paper on a new one-year contract with Stoke City to end speculation he was to leave.

Mail Box

Twas The Worst Game I Ever Did See...

In this Mailbox it's England v Algeria in 2010 that is seen as the nadir, but there's potential for worse, surely. Plus, one man says we should praise Rooney's honesty...

Why Doesn't Suarez Request A Transfer?

The morning mailbox ponders Luis Suarez's current predicament, cool footballers, the Lion City Cup, Spurs' transfer policy, Kanu's absence and lots more...

© 2013 British Sky Broadcasting Ltd. All Rights Reserved