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Liverpool Can’t Afford To Sack Rafa Benitez

Rafa Benitez will stay with Liverpool because the club cannot afford to pay out his contract.

Local newspapers have reported that the Reds, whose debts have risen over the past year to £351million, ­believed the Spaniard was on his way out after six years when Juventus made him their No 1 target.

But Benitez turned his back on the Italian club – who are now about to make Sampdoria boss Gigi del Neri their new coach – ­because they refused to bow to his demands.

That means Liverpool have to pay Benitez the £16m he would be due ­under the terms of the ­remaining four years of his contract.

Co-owners George Gillett and Tom Hicks are unable to sanction the pay-off ­because it would take the club further into the red at a time when new chairman Martin Broughton has been appointed to find a buyer.

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