MX23RW : Wednesday, September 19 09:58:00

Liverpool 'have £60m to spend in summer transfer window'

Liverpool could reportedly have £60m to spend on players in the transfer window this summer.

Liverpool will reportedly have around £60m to spend on player acquisitions this summer as they prepare for a return to the Champions League.

The Merseyside outfit, who are three wins away from lifting their first league title since 1990, are guaranteed a spot in Europe following Sunday's 3-2 win over Norwich City.

According to the London Evening Standard, Liverpool's owners will hand over £40m to manager Brendan Rodgers for the summer market, but sales of players could increase the budget to £60m.

Liverpool's managing director Ian Ayre believes that the security of Champions League football will attract quality players.

The Reds currently have a five-point lead over Chelsea at the top of the Premier League table with three games left to play.

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Liverpool Managing Director Ian Ayre speaks during a press conference in Melbourne on July 22, 2013
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Tables
TeamPWDLFAGDPTS
1Chelsea55001441015
2Liverpool5500112915
3Manchester CityMan City54101431113
4Watford5401105512
5Bournemouth5311107310
6Tottenham HotspurSpurs530210649
7Arsenal530210919
8Manchester UnitedMan Utd53028809
9Wolverhampton WanderersWolves52215508
10Everton513189-16
11Leicester CityLeicester520389-16
12Crystal Palace520346-26
13Southampton51226605
14Brighton & Hove AlbionBrighton512279-25
15Fulham5113712-54
16West Ham UnitedWest Ham5104511-63
17Cardiff CityCardiff502339-62
18Huddersfield TownHuddersfield5023211-92
19Newcastle UnitedNewcastle501448-41
20Burnley5014310-71

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