Where's all the money gone Liverpool??

So, after an entertaining Community Shield we start the countdown to kick off in the Premiership. Realistically there are 3 teams that can win it (Chelsea, Man U & Liverpool) and about 4 other teams that'll be battling it out for the coveted 4th spot.

The only thing that may weigh heavy on the Scousers chances of lifting their first league trophy since '91 is that it still appears they don't have the cash to keep up with likes of the other two main title contenders.

You may argue with this statement considering the £18m just spent on Aquilani and the £17m on Johnson. However despite netting £30m from the sale of Alonso, the payment terms for the purchase of Aquilani mean that they only have to shell out an immediate 5m Euro's. The rest is to be paid in installments between Jan 2010 and June 2011 with a little on top relating to performances etc. So why aren't Liverpool in the market for another quality purchase??

Rumour has it that the Reds are looking at the possibility of signing another centreback which seems a little daft seeing as though they already have 3 and the main reason they didn't lift the title last year was due to a lack of goals when Stevie G & Torres were crocked!

But this is besides the point. At the end of last season Liverpool were thought to have in the region of £25m to spend, plus anything generated from sales. So far this has yet to materialise and leaves me begging the question as to whether this was never the case or whether the recent re-financing of the club has had an adverse affect of Benitez's transfer plans.

The only remaining option is that the money is there and Rafa is quietly working behind the scenes or bringing in the likes of David Silva or David Villa from under the noses of their old mates down the East Lancs Road??

You never know, we may just see a flurry of activity in the last few weeks of the window....

Yours,

Frank