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Liverpool board releases January funds for Benitez

Rafa Benitez will get £12 million to spend on his Liverpool squad in January.

The Daily Mail says the Liverpool manager's spending power has been a contentious issue since the arrival of Tom Hicks and George Gillett, but Anfield's American owners will back him with more funds when the window reopens in January.

With three defeats from their first eight league games leaving little scope for more slip-ups, Benitez will welcome the chance to bolster his squad and is already scouring the market for potential recruits.

He views the funds as an encouraging step forward after playing down the defeats by Tottenham, Aston Villa and Chelsea.

 Click here for more Liverpool news and words from Benitez

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