Liverpool boss Brendan Rodgers insists the club's increased debt won't affect his summer transfer budget.
On Monday the publication of the Reds' annual accounts revealed a loss of £40.5million with overall debt rising by £21.8million to £87.2million.
"If you look where the club was at four years ago and where it is now it is a different place," said the Liverpool boss.
"Of course there is still debt there but I think next year's results will show further improvement on that. In terms of me building the squad I've already got the assurances it won't affect anything.
"I think you have to give massive credit to the board and FSG because they took on an astronomical amount of debt - almost £400million - so where it is at now in their short period of time here is a huge credit to them while still supporting the investment of the team.
"They have made every promise and every commitment to me that every single penny they have will go into generating the squad and making it better.
"We won't be able to do it like some clubs and throw out masses each year but that is something as a club we are looking to standardise here while still growing the club and bringing in quality players and that won't stop in the summer."
Can Liverpool compete with the big guns this summer? Should they keep a close eye on the debt? Give us your shout below...