Gillett defends Reds investment

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

Last weekend's 2-0 loss at Chelsea was the Reds' third defeat of the campaign - more than they suffered in the whole of last season - while they also lost against Fiorentina in the Champions League last week.

But Gillett has defended the record of himself and co-owner Tom Hicks according to reports in the Times and the Daily Telegraph. "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."