Liverpool hope to have £50 million to spend in the summer market.

The News of the World says the Merseysiders' will have an initial £25m to splash on recruits once they have secured new investment.

The rest of the transfer kitty must be drummed up through player sales, with Albert Riera and Yossi Benayoun the first high-profile departures.

Riera will be sold for £8m, with CSKA Moscow trying to secure a deal this week.

Benayoun has wanted out since the start of the season and will raise another £9m.

Liverpool already brought in another £8m through the January sale of Andrea Dossena and Andriy Voronin.