The Spaniard is expected to join Napoli on a season-long loan next week.
“Financially it was something that we needed to look at,” said Rodgers. “That would be the reason (to move Reina) as you wouldn’t move on a top goalkeeper. It (the situation) reared its head over the last couple of months and I had to prepare by bringing in another keeper.
“Pepe is a good guy. I’ve a lot of time for him, and he understands what I want to do totally.
“He’s got a big season ahead because it’s a World Cup year and one where, if he wasn’t going to be playing, could severely harm his chances of going.”
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.