Eurosport - Tue, 23 Jun 14:10:00 2009
Liverpool manager Rafael Benitez has defended his decision to pay over the odds for right-back Glen Johnson, even though he admitted the deal has cost him more than he had hoped.
The Portsmouth defender has agreed to move to Anfield and he is expected to formally sign a contract in the next couple of days. Reports suggest the transfer is costing £17 million, although much of that will be written off because of money still owed by Pompey after Peter Crouch's move to Fratton Park last summer.
"Sometimes you have to spend a little bit more," said the Liverpool boss. "You can't compete in the top four of the Premier League unless you spend some money."
He added: "We were looking for a player of quality and also somebody who is British because of the new Champions League rules. Glen Johnson fits both categories."
The fact Benitez has been able to make his first summer signing will help fend off claims the club are in financial trouble.
Kop Holdings, the club's parent company, posted a £42.6m loss in the year to August 2008 but concerns over the £350m loan taken out by American owners Tom Hicks and George Gillett to buy Liverpool appear to have lessened after reports on Tuesdsy suggested a refinancing package had been agreed.
Benitez is confident he will make other signings, although he may spend more of his time trying to hang on to the likes of Xabi Alonso, Alvaro Arbeloa and Javier Mascherano who have all been linked with moves to Real Madrid and Barcelona.
"We have a plan. We can sign one more player if necessary, but that's without any players leaving," he told the Liverpool Echo.
"Alvaro Arbeloa has had a very good season but he has one year left on his contract.
"If he signs that will be good because we will have more competition, but if we get a good offer we will have to consider it."
Comment 146 - 165 of 165
UTD SCRAPED THE TITLE COULDN"T BEAT ANYONE IN THE TOP FOUR AND GOT BATTERED BY LIVERPOOL TWICE THEY WON'T BE SO LUCK THIS TIME
Don't get this top four s'hit Man U, Arsenal and Chelski top three Liverpool never won the PL although they should get a special mention for the amount of times they said they are gonna win it, which is also the biggest PL joke of all time HA!!
i think glen will b a good signin..chelsea wanted him back but glen picked a real club..well done glen ....and 1 of the reason he didnt make it at chelsea was because jose came and brought feirra wit him ..he never had a chance
he dives to the left,
he dives to the right
that boy ronaldo thinks utd are sh--e
There's going to be a RAFALUTION this coming season... Believe that!
Hey Starman - Thierry Henry was a Juventus reject and he turned out alright
chelsea reject?blergh..chelsea was too stupid that dont know how to use johnson abilities.when they realise it, it was too late, if he is chelsea reject and chelsea dont want him again why they bother bid for johnson?
17m is a lot, but i think thats how english player worth, only barry and heskey is cheaper than him for 1st eleven of england internationl.
good deal rafa, in rafa we trust!
darren m just one question-Do youever watch premier league football?
ARSENAL doesn't spend much and still in the TOP FOUR. . . .
Who says you need to spend big. . .
See, despite LFC not financially capable to compete with Chelsea and in this case we're getting a reject from Chelsea we're still improving. Different players perform differently playing in diff teams & league. or with diff tactics.
Chelsea reject at 17M hee-hee ha ha. Really folks if he was GOOD Chelsea would never have let him go in the first place. Yes he is a threat and a decent right sided player, but not a good defender.
johnson wud be the best signing ever..liverpool could stay no 2 this coming season..
As a blue I love this hate between reds!! CFC!!!
Great signing for a young versatile player!!! The Reds can even play him on defense and the midfield.
Keep it up BENITEZ.
YOU WILL NEVER WALK ALONE.
I AM THE ONE AND ONLY
luck thats all manutd got nxt season no ron no tevez but theyve got the best 2 ball watchers in the game vidic and ferdinand
Good Night all
I believe Johnson should be a good signing and despite the doom mungers in the press and on this site Liverpool seem to be spending and getting their targets,unlike united who have been very very quiet
losing players instead of strengthening
it can only bode well for the new season
now now CHILDREN!! ISNT IT PAST YA BEDTIMES OR SUMMAT!!
LIVERPOOL FOR LEAGUE TITLE HA HA HA HA HA 19 20 21 22 23 24 25 26 27 28 29 30 31 YNWA YNWA YNWA
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