Arsenal, Liverpool ready to follow the money

0 Comments | AFP, August, 2008

PARIS (AFP) — Five-time European champions Liverpool and 2006 runners-up Arsenal will Wednesday look to bolster their coffers by ensuring they reach the lucrative Champions League group stage.

Liverpool's summer was largely characterised by their so far fruitless quest to land Aston Villa's England midfielder Gareth Barry with Liverpool unwilling to shell out 18 million pounds (32 million dollars) for his services and Arsenal have since also courted the player.

Failure to reach the group stage - the fate of Scotland's Rangers - would blow a hole in the region of 15 million dollars in the season budget and leave respective coaches Rafa Benitez and Arsene Wenger facing up to their own version of the credit crunch.

In reaching the final two years ago, Liverpool...

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