Reds won’t repeat transfer blunders

RICK PARRY has vowed Liverpool will not make the same mistakes in the transfer market which saw former manager Gerard Houllier waste the opportunity to take the club to a new level after their 2001 treble success.

The Anfield chief executive sees similarities between the position Liverpool were in four years ago and now after current boss Rafael Benitez guided them to Champions League glory and his side put in a hugely impressive performance in the Club World Championship in Japan.

Benitez has vowed to bring in new faces during the January transfer window, and could have as much as £20 million (€29 million) to spend.