Hodgson's job 'secure' as NESV plan to splash cash on Reds revival
Liverpool's new co-owner Tom Werner says boss Roy Hodgson's job is safe and he will be given funds to strengthen his squad.
Fellow co-owner John W Henry has also given his backing to Hodgson, whose side have picked up only six points from their opening seven Premier League games.
Werner, the chairman of New England Sports Ventures, who bought the Merseyside club for £300m this weekend, said the new owners did not expect a "long honeymoon" at Anfield.
But he said: "He (Hodgson) needs to be given time. We have a lot of confidence in Roy.
"Nobody can be pleased about the start of the season but the club ought to gel. We had a chat with him yesterday and look forward to talking to him tomorrow."
Werner, who revealed the new owners would be meeting supporters' representatives tomorrow, added: "The one prescription for disaster is to lurch to the left and lurch to the right.
"We see no reason why Roy can't be our coach this year and in the future. We're certainly going to give him time. I don't want to make too many promises except that we expect the fortunes of the club to improve."
When asked if the owners would be providing Hodgson with "reasonable" funds, Werner replied: "Yes, absolutely."
Werner also reiterated Henry's promise that the key aim was to return Liverpool to their trophy-winning days.
The new owners spoke with the players yesterday at the Melwood training ground and Werner said: "We're not coming in like a bull in a china shop. The first priority is to listen. Our general message was one of giving them a sense of confidence that we had their back, that we had confidence in Roy, that we were encouraging them and just basically showing our face and telling them that we were on the job.
"We know we're in a very competitive league here. Liverpool is one of the great clubs in the world and we need to improve revenues, especially on a global basis, but our message to the players was just one of 'we know there's been a bit of a choppy sea lately', and we wanted to assure them of who we were and that we wanted to stabilise the situation. They were very optimistic ... in good spirits.
"It's a desire that all of us have to win. Winning is extremely satisfying. We make no promises. Our style is under-promise and over-deliver. But the challenge of restoring the great lustre of Liverpool is a great challenge.
"Everything revolves around winning. If we can win, then the brand in Asia is strengthened, but it's just really about trophies because everything falls into place if you've a competitive squad."
Werner pointed to the new owners' success with the Boston Red Sox baseball team over the past decade and the manner in which they have bought players.
The transfer fee and wages for one Japanese signing, according to Werner, came to $100m.
"The size of the payroll should increase," said Werner. "We certainly realise there is a strong correlation between success in the Premier League and wages. We are not short-term thinkers or short-term investors."
With the Red Sox, NESV were credited with rejuvenating a struggling franchise and tomorrow Liverpool supporters will get their own chance to ask how they plan to do a similar job at Anfield.
Werner said: "(Today) We meet with a bunch of supporters. They are the bedrock of any club's success. We do not have any agenda but we want to listen and to repair that bridge which might be a little bit broken."