Liverpool's new owners are furious with the contracts handed to two Bosman signings before their takeover.

The Mail on Sunday says owners NESV are furious that previous managing- director, Christian Purslow, awarded several long-term contracts in the dying embers of the Tom Hicks-George Gillett regime.

Joe Cole was given a four-year contract worth £90,000 a week last summer while 29-year-old Milan Jovanovic arrived on a three-year deal at £60,000 a week.

If neither goes, it adds up to a staggering financial commitment of £27million.

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