Liverpool co-owner Tom Hicks has promised the club will spend in the summer, and claims their financial situation is better than is portrayed in the media. According to The Times, Hicks wrote in response to a fan concerned about the financial state of the club: "Our debt is very manageable (see Man U) and we never use player sales for debt service. Our interest on £200million is about £16million. The new stadium will be the game-changer.
"January is a poor quality market. The summer window will be big.
"We are working hard on the new stadium. We have an excellent management team and manager. We know we need more depth on the squad and will address it this summer. We hope to have a stronger second half of the season."
