Liverpool co-owner George Gillett has reportedly claimed that Rafa Benitez is to blame for the club's failings rather than the owners.
However, Gillett in a report in the Daily Telegraph claims the American the pair have done more than their Premier League rivals to improve the financial footing of their club.
"We have invested more money than our competitors, in keeping with the history of the club," Gillett is quoted as telling a representative of the fans' group Spirit of Shankly prior to Liverpool's 6-1 win over Hull last week.
"In the last 18 months, we have invested £128m on top of what has come in.
That means it should be getting better.
"Now if it's not getting better, it's not Gillett and Hicks, it's the manager,
it's the scouting. You have to make sure you balance out your analysis.
"There was plenty of money, so if you have any complaints, take a look at the
ins and outs."
Gillett also added that the £30million fee recouped from Xabi Alonso's move to Real Madrid "went straight back" into the club's transfer budget, which was
already set at "£22-23m as part of our budgets".
Gillett added: "The club is in extraordinarily good financial condition. Far
better than Manchester United, Chelsea or Arsenal.
"We have invested massively, we have put more money in than anyone other than Manchester City, with the craziness they have got."
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I must admit-I don't know how the club has spent that amount of money in 18 months.Once again Gillet comes out and critisises the manager.For me he is worse than Hicks
