Liverpool chief questions top flight loan deals

13 April 2012

Liverpool chief executive Rick Parry has questioned the need for loan deals in the Barclays Premier League.

Parry, who held a similar post at the Premier League before moving to Anfield, believes the loan system could be abused and thinks clubs are wealthy enough to make the practice unnecessary.

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Loan moan: Rick Parry

He said: "When I was at the Premier League we always took the view that, given the money in the Premier League, you didn't need loans - you should be able to stand on your own two feet.

"There is enough money around to make transfer deals permanent.

"That stood over 10 years. It's only in the last two or three years that we have had the loan system in the Premier League."

But Parry conceded that most of Liverpool's top-flight rivals did not share his views.

"It worked fine without it. There is a sense that it can be open to abuse. But clearly it was the will of the clubs to allow the relaxation of it and clearly the majority are in favour," he added.

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