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Liverpool plan to use Mascherano cash on PSV striker Toivonen

Liverpool want £18 million from Barcelona for Javier Mascherano.

The Daily Mail says Liverpool have told Barcelona they want £18million in cash for midfielder Mascherano by the end of the weekend, so manager Roy Hodgson can reinvest the money during the transfer window.

The Merseyside club have reluctantly accepted that Mascherano wants to leave, and the Argentina captain will not be with the squad who fly to Turkey for Europa League duty this morning.

But Liverpool have told Barca they want to recoup the money they paid West Ham for Mascherano three years ago and that a deal must be done soon or they will withdraw from negotiations.

If Mascherano does go, Hodgson would try to buy PSV striker Ola Toivonen and a left back. As such, Liverpool have told Barcelona they will entertain only a straight cash deal for Mascherano.

Having already turned down £16m that included former Arsenal midfielder Alexander Hleb as a makeweight, Liverpool's talks with Barcelona failed to make significant progress yesterday.

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