Benitez meets with Liverpool bosses over financial implications of CL failure

Rafael Benitez has held talks with his Liverpool bosses over the fallout should the Reds fail to reach the last 16 of this season's Champions League.

Discussions were also held on if the club fail to qualify for next season's lucrative European competition.

The Liverpool chief revealed on Saturday that the club did not budget this term for anything beyond the group stages.

Liverpool have never failed to reach the last 16 under Benitez's management, but they are in grave danger of that eventuality now with qualification from Group E out of their hands after the midweek draw in Lyon.

Liverpool face earning £10million less from their European campaign this season if they do not reach the last 16, with another £10million lost if they do not qualify for next season's group stages.

Benitez says: "I spoke to Christian Purslow (Liverpool's managing director) the other day about the finances.

"The first thing, though, is that we have confidence we can still reach the last 16 of the Champions League this season.

"But whatever happens, the budget was done for this season based on us only qualifying for the group stages. And we did that, that is complete.

"Whether we can still bring in more money, we will wait and see. The commercial department is working very hard, for the next season (in Europe) it is a question of time.

"The Premier League is a long race, we must keep going. I am confident the team will finish in the top four and we are able to continue to do well in Europe, so let's start against Birmingham with the right result.

"We have to do our job against Birmingham, and then I can guarantee that things will start to get easier."

 
Click here for more Liverpool news and gossip

Join the conversation on

Tribalfootball Store

Liverpool FC 2011/12 Training Polo Shirt. Made by Adidas. ClimaLite Fabric Colour Red/Silver

£12.99 Buy

Liverpool FC 2011/12 Training Sweatshirt. Made by Adidas. Sponsor on front, Adidas Logo on the back ClimaWarm Colour Solid Grey/Silver

£24.99 Buy

Liverpool FC 2011/12 Training 1/4 Zip Sweatshirt. Made by Adidas. ClimaLite Fabric Colour Solid Grey/Silver

£24.99 Buy

Adi 5 II Astro Turf /3G Football Trainer Made by Adidas Official Kit Manufacturer for Liverpool FC. The Adi 5 II range have been designed to perform at their best on astro turf surfaces.

£24.99 Buy

Adi 5 II Astro Turf /3G Football Trainer Made by Adidas Official Kit Manufacturer for Liverpool FC. The Adi 5 II range have been designed to perform at their best on astro turf surfaces.

£24.99 Buy

Adi 5 II Astro Turf /3G Football Trainer Made by Adidas Official Kit Manufacturer for Liverpool FC. The Adi 5 II range have been designed to perform at their best on astro turf surfaces.

£29.99 Buy

Who could forget that goal scored by Tony Yeboah against Liverpool! Even though we can't give you that ability you can still have the look with this stylishly retro Leeds United football shirt.

£29.99 Buy

The 1988 season culminated in Arsenal wining the Championship trophy at Liverpool and sporting the PFA Young Player of the Year, Paul Merson.

£29.99 Buy

Comments (5)

I have said this over and over again. Rafa has to start signing black players and Liva will be greater than Man u, chelsea, arsenal and the shit man city. The only black first team player is Babel. To me that is a racial style of runing a football club. Everybody accepts the fact that Spaniards are rscist and what is true is true. Untill he changes his style of thinking, judgement and start signing black players he will suffer defeat and failure every where he goes. I know fine Liva will fire him in two months from now.

referees, injuries and bad luck. had your 5 years, spent a bundle, eeenuf. oh and bring along your workhorse donkeys with you

Rafa benetez is the one spoiling the club.He is totally confused this season.in history,liverpool never lost 3 games at ones in both the CL and the Premier League..This is the exact time to use acquilani not Lucas.