Liverpool news

Reds overspent, admits Werner

July 24, 2012
By ESPN staff
Liverpool chairman Tom Werner has indicated that the big spending that marked Kenny Dalglish's second spell as Anfield manager is a thing of the past.

Dalglish spent £35 million on Andy Carroll, lavished around £20 million each on Stewart Downing and Jordan Henderson and bought Charlie Adam from Blackpool for £8 million.

Despite the heavy outlay, the Merseysiders - although winning the Carling Cup - finished in a disappointing eighth place in the Premier League and Dalglish ...

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