Liverpool's relative lack of cash could see them miss out on Fernando Torres but the club's owners deny a rift with Rafa Benitez.
Co-owner George Gillett has denied any fall-out with Reds boss Benitez over the size of his summer transfer kitty after reports claimed Benitez has been forced to scale down his ambitions to strengthen the Anfield squad after a massive cash injection failed to materialise.
However, Gillet insists the Spaniard has always been aware of the club's financial situation.
He told The Times: "I read that Rafa is throwing hand-grenades at us and making demands, that there's a tension or disagreement between him and the Gillett and Hicks families.
"Nothing could be farther from the truth. As far back as February, Rafa laid out a programme for us.
"Each one of our sports businesses has a core concept.
"We have one at Liverpool, one we understand 100 per cent, believe in and support. The plan involves us spending money, but it will be part of a plan, not just spending like a drunken sailor."
Meanwhile, Liverpool's transfer policy could hamper their pursuit of Spain international striker Torres who is expected to quit Atletico Madrid over the summer.
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