"We have signed 28 players in four years for the first team. Considering that the number of changes we had to make when I arrived and the fact that without much money we have to take more risks, I don't think this is a disproportionate number."
Benitez also compared his spending with Liverpool's nearest rivals.
"Chelsea had spent £120 million previously and an additional £240 million to win the league in the 2004-05 season. Manchester United have spent £200 million in recent years. This year on Carlos Tevez, Owen Hargreaves, Anderson and Nani, that cost them more than £70 million. Tottenham have spent £100 million in the last two seasons alone. And Arsenal have spent more or less the same amount as we have on young players with potential.<> "In my four years at Liverpool we have spent £150 million and we have gained somewhere in the region of £70 million. Looking at those numbers, there's a difference of £20 million per season, yet we have won four [trophies] and played seven finals. When all things are considered, that's not a bad return. I think that we're on the right path."