LIVERPOOL manager Rafael Benitez has admitted he had to act quickly in a “crazy” market to secure the signing of defender Glen Johnson.

Liverpool’s bankers Royal Bank of Scotland have dismissed fears about the future of the club by stressing they are “financially healthy and able to service comfortably its debt”.

American tycoons George Gillett and Tom Hicks have this morning had their takeover of Liverpool rubber-stamped by the Stock Exchange.

Outgoing chairman David Moores revealed his desire to see his beloved Liverpool take “a great step forward” convinced him to sell the club to American tycoons George Gillett and Tom Hicks.

Liverpool have agreed to an offer from American tycoons George Gillett and Tom Hicks to buy the club.