Liverpool manager Brendan Rodgers said he would not have allowed Andy Carroll to join West Ham if he knew he would be unable to strengthen his squad.
Rodgers had his mind on either Fulham's Clint Dempsey or Chelsea's Daniel Sturridge on loan but neither was successful.
He said: 'We all know we needed reinforcements and the players needed help but it's gone now and I can't do anything about it
'There are just one or two operational things we need to iron out.
'Any player that I believe can improve the squad I will look at. We have got a very, very small squad with some very young players in it. So I can't say no.
'We all know we needed reinforcements and the players needed help but it's gone now and I can't do anything about it.
'There is no point in me sitting here crying about it wishing we had or we hadn't. There is no doubt the finances here had to be changed. That is the reality.
'We have lost nine players and brought in three, so, from a business side, the club has done well. What we need to do well for the future now is look after the football business and help the players here.
'I have to be honest, I wouldn't change it for the world. I'm very proud and privileged to lead this club. I always knew it was going to be difficult.
'My fight is to keep the supporters proud and keep the great name of Liverpool going forward. I have made it my life to do that.
'The owners have been very up front, honest and open with me. There are one or two things to iron out but they haven't misled me.
'I have spoken to the people back in America and had a couple of brief conversations. We will reflect on it again next week on the way forward and hopefully go forward in the January window.'
Sept. 3, 2012.
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