Liverpool plan £50m spending spree

The Reds are desperat to knock rivals Manchester United off their perch next season.

Liverpool will have an initial £25million to spend on new player once they have secured new investment, they will then raise the rest of the transfer kitty by selling players.

Albert Riera and Yossi Benayoun could both leave the club this summer.

Liverpool sold Andrea Dossena and Andriy Voronin in the January transfer window.