New Liverpool owner George Gillett has confirmed that he plans to back Rafael Benitez in the summer transfer market, but refused to be drawn on how much the manager has to spend.
“Rafa has been very good about his plan but we won’t discuss that publicly,” said Gillett.
“We believe in building a winning tradition and that means building something for the long term so we can be successful.”
In an interview with ITV1, Gillett confirmed plans for a new 60,000 stadium.
“I think we have to be economically competitive – it is not to be larger than Old Trafford or smaller than Old Trafford,” he said.
“Arsenal have set a new standard on game-day revenue – they set a new standard on quality and revenue.
“We want to be competitive. We don’t want to fall behind.”