McManaman: New owners can cure Liverpool

By Steve McManaman
Last Updated: 1:31am GMT 01/03/2008

When Steven Gerrard attacked Liverpool for their under-achievement in the Premier League it was seen as a slight against his manager, Rafael Benitez, but if he had said anything different, he would have lost the respect of the club's fans.
The fact remains that Liverpool invested more than £40 million in their squad during the summer and are in a worse position than they were this time last year. Talk to Jamie Carragher, another local lad, and you would hear the same criticisms that came from Gerrard - this season's form is nowhere near good enough.
The problems start at the top. While Gerrard attracts unconditional affection from the Anfield fans, Liverpool's American owners have frittered away what respect they had. The day Tom Hicks and George Gillett Jnr bought into the club, I was delighted. They seemed shrewd businessmen, highly professional in their sports interests and committed to sustaining the club's traditions. One of those traditions is that Liverpool had always conducted its in-house affairs in a very open fashion, but that has been eroded of late - by the speculation over the manager's future and the rumours of a sale to investors from Dubai.
So, I can understand it when pockets of Liverpool fans stay behind, as they did after the defeat to Barnsley in the FA Cup, to chant messages like "Yanks out". It seems to me that the only way the club can move forward is through a change of ownership. Hicks and Gillett have already made a major mistake in raising the name of an alternative manager, in Jurgen Klinsmann, destabilising Benitez when what the club needed were firm and frank guarantees.
The situation is not unprecedented. You only have to look at Manchester United, who finished 21 points ahead of Liverpool last season; there, the Glazers are still not accepted.
But the fact that, despite a handover in ownership and a huge injection of money, Liverpool are now worse off reveals a breakdown of trust.
Gerrard is only speaking the obvious when he expresses his disappointment that the squad, managed by a man who has already won the Spanish title, cannot appear to challenge for the Premier League. Benitez would, no doubt, agree that a league campaign in which Liverpool are struggling to stay in touch with fourth place falls a long way short.
There is a real danger that the club could fail to qualify for the Champions League next season, scuppering another opportunity for revival. Achievements at European level represent one of the major reasons players of the quality of Fernando Torres were brought in.
The concept of a crisis at Liverpool can be exaggerated, though. Benitez should be given more time. You only have to see the outcry against Avram Grant after losing the Carling Cup - just one game, when a fortnight earlier he was preparing to set a record of successive wins at Chelsea - to know that pressure can pass.
Next week's game against Inter Milan has assumed huge importance for Liverpool, but it is best to keep perspective. The win in the first leg gave all the supporters an unexpected lift, and Gerrard's comments can only strengthen Liverpool's resolve not to go quietly.