Transfer window dealings

As the window shuts for another year, the promise of a "big" summer, as prophecised by Tom Hicks in an email to a fan, doesn't quite seem to have come to fruition.

Incoming

Milan Jovanovic - Free
Joe Cole - Free
Christian Poulsen - €5.475m
Raul Meireles - €13m
Danny Wilson - €2.4m
Jonjo Shelvey - €2m
Brad Jones - €2.8m
Paul Konchesky - €4m

TOTAL - €29.675m

Outgoing

Javier Mascherano - €22m
Alberto Aquilani - Loan
Philipp Degen - Loan
Nabil El Zhar - Loan
Albert Riera - €6m
Yossi Benayoun - €7m
Krisztián Németh - €1.2m
Damien Plessis - €650k
Emiliano Insua - Loan (€750k fee)
Diego Cavalieri - €1.5m

TOTAL - €39.1m

It's my guess that the €10m surplus has been put towards paying off former manager Rafa Benitez and the rest on Milan Jovanovic and Joe Cole's signing on fees.

Nonetheless, this is the fourth successive transfer window were Liverpool Football Club has made a profit, at the behest of the cancerous owners.

As Liverpool fans we should ask ourselves one simple question; how can a club which finished seventh last year, and has since seen all it's rivals strengthen, be expected to compete at the top level?