Sunday, 12th September 2010

Liverpool manager Roy Hodgson has warned the club’s fans that he simply has no idea what funds, if any, he will have available to spend in the January transfer window, as concern mounts about the financial state of the Merseyside club.

A crucial decision is set to be made on 6th October or shortly after by the club’s principal creditors the Royal Bank of Scotland over whether to refinance a loan to Liverpool’s American owners Tom Hicks and George Gillett. The decision looks likely to depend on the prospects for a quick sale of the club and a judgement over whether the US duo are serious about wanting to sell.

Having sold Javier Mascherano to Barcelona before the transfer window closed, Hodgson should still have some money left in the kitty, but asked whether he could use it he was unsure.

"I would hope so, but I don’t know", said Hodgson. "I don’t know what funds I have for January.

"The situation with the club’s funds is extremely complicated and it would be foolish for me to start making statements on that front.

"Perhaps by January the club will be under new ownership and I’ll see what the new ownership has in mind."





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