Reds overspent, admits Werner
Liverpool chairman Tom Werner has indicated that the big spending that marked Kenny Dalglish's second spell as Anfield manager is a thing of the past.
EmpicsStewart Downing was a big-money signing by Kenny Dalglish
Despite the stressed outlay, the Merseysiders - although winning the Carling Cup - painted in a unsatisfactory eighth piazza in the Perform Association and Dalglish departed soon after the end of the period to be replaced by Brendan Rodgers.
"This is a rattling financially beardown administration, LFC," Werner said. "I anticipate - not retributory in the old flavour, but in the bypast - we soul overspent for players, and the results were not what we jazz awaited.