Liverpool legend says reality is Reds need £200m transfer kitty

mcallisterFormer Liverpool midfielder Gary McAllister says for the Reds to compete with the likes of Manchester Utd and Manchester City for the Premier League title, they’ll need to spend up to £200million on improving the squad.

Brendan Rodgers is looking towards which players he will bring in to Anfield this summer, but knows that the club doesn’t have the botomless pit of finances or Champions League football to lure players the way Manchester City do.

Speaking to Goal.com, McAllister spoke of the financial reality of modern football and the gulf of difference betwen the Reds, currently seventh in the league table, and the teams at the top.

“I think it’s purely down to finances,” he said.

“For Liverpool to be really competing where they want to be competing – that means winning the league – they’re a couple of hundred million quid away.

“They’re going to finish seventh this season, behind Everton, and, if the owners can’t come up with those funds, it’s going to be gradual; developing players, picking players from Europe in that £8m, £9m, £10m bracket and developing them into stars that can compete right at the very top.”

What do you think? Is McAllister right? Or can Liverpool build gradually through sensible spending, forcing their way back into the top four and then looking to get nearer a title challenge?

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