Liverpool boss Rafa Benitez has been told he cannot spend this month - even if he raises millions from player sales. The Guardian says Benítez will have to rely on the £1.5m capture of Maxi Rodríguez and possibly one loan signing to revitalise Liverpool's squad during this transfer window even if the club succeed in raising more than £16m through player sales.
The Liverpool manager had expected to operate this month under the same financial constraints that existed throughout 2009 at Anfield: namely, spending no more than he can bring in from sales.
Even that model now seems optimistic, however, with Benítez likely to be restricted to signing Rodríguez on an 18-month contract from Atlético Madrid plus one loan deal as he attempts to fulfill his guarantee of qualifying for the Champions League for a sixth successive season.
Liverpool insiders claim the constraints have not been imposed on Benítez by the club's owners, Tom Hicks and George Gillett. Executives believe players bought in the January transfer window are habitually overpriced and the club would rather save the income from sales to build a war chest for the summer.