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The sobering news regarding Liverpool's finances, and what it means for summer transfer funds

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Liverpool FC Quizzes

Photo evidence that Michael Owen is infact Judas

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If you're looking for confirmation that Michael Owen is the scum of the earth; look no further.

Rafa's delight at Kenny appointment

Liverpool Manager Rafael Benitez has today spoke of his delight at King Kenny Dalglish returning to Anfield in an ambassadorial role.

King Kenny excited by Anfield Job

Kenny Dalglish today spoke of his excitment having been appointed club ambassador at Liverpool Football club, whilst also holding a senior role at the Academy.

Return of the King

Liverpool's greatest ever player Kenny Dalglish has returned to Anfield today as a club ambassador along with having a senior role at the Academy.

Owen signs for the mancs

Former Liverpool striker Michael Owen has signed for Manchester United on a 2 year deal.

Michael Owen set to do the unthinkable

Michael Owen is set to do the unthinkable; join the Mancs after having previously made his name at Liverpool. One thing he can forget now is ever getting applauded at Anfield again when he turns out for them against us.

Shields denied release

Michael Shields has been denied a pardon by Jack Straw which would have seen him released from jail for a crime he has always maintained he did not commit.

Liverpool website reveals Dossena has lost his squad number to Johnson!

Glen Johnson has taken Andrea Dossena's squad number according to the official website, fueling speculation the Italian is on his way out of Anfield.

The biggest mistake of Rafa's Liverpool career?

Xabi Alonso and Javier Mascherano are constantly being linked with moves away from the club; but if Rafa does let either of these leave we can wave goodbye to a serious title challenge next year.

Epic Fernando Torres Interview with El Pais: This is a MUST read

There were some Fernando Torres quotes floating around cyberspace this morning from an interview he did recently with El Pais. Whilst the quotes in the paper were open and honest on subjects from Rafa to moving from Madrid, they just don't do the entire article justice. It's beyond refreshing to see a player of Torres' calibre give an interview like this.

Massive, Massive thanks to Libertina Warbeck over at RAWK for taking the time to translate the interview. It may be a bit long, but I can assure you it'll be one of the best interviews you've read in a while.

Torres opens up about living in Liverpool to becoming a father, as well as his view on Ronaldo's move and Xabi Alonso. Take the time to read this. I promise you'll not be disappointed.

El Pais's interview with Fernando Torres, after the jump.

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