The news that one Michael James Owen, once of this parish, will now be pulling on the red shirt of Manchester United is not likely to go down too well in the Red half (or is that two-thirds?) of this city.

It seems that the press are once again greeting a Sir Alex Ferguson signing as another stroke of genius, a shrewd move, a cunning plan.

In truth, the news that Mr.Owen had signed for United was greeted in our house with the same gasps of astonishment as the fact that bears do in fact answer nature's call in the woods and that snuff has rocketed up another penny a ton.

LIVERPOOL FC legend Kenny Dalglish has rejoined the club today, it has been confirmed.

As was first reported in the Liverpool Echo in April, Dalglish will assume a senior role at the Liverpool Academy and will also act as a club ambassador, working with the commercial side of the business around the world.

ONE-TIME Reds legend Michael Owen stands on the brink of a move to Manchester United - a turn of events that will no doubt have a fair few Liverpool supporters filled with suprise, sadness and even a little righteous indignation.

But should we really be surprised given the Chester-born striker's track record?

Emiliano Insua has a big future at Liverpool FC - Javier Mascherano

LIVERPOOL midfielder Javier Mascherano believes fellow Argentinean Emiliano Insua will prove to be a big hit at Anfield next season.

Mother collapses as Jack Straw rejects Michael Shields pardon

JUSTICE Secretary Jack Straw last night said he understood the "strong emotions" felt by the family of Michael Shields, after refusing him a pardon due to the "rule of law".

One Night In Istanbul: Nicky Allt's perfect play for Liverpool

IN TWO decades will everyone really remember where we were when we learned Michael Jackson had danced his last moonwalk? Can the baby boomers recall what they were up to at the moment the puff of smoke went up behind the grassy knoll in Dallas?

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REAL MADRID are delaying a bid for Liverpool's Xabi Alonso until a sell-on clause with his former club Real Sociedad expires later this month.

When the 27-year-old midfielder made the switch to Anfield in a £10.5million deal five years ago, Sociedad negotiated a 20% cut of any future transfer fee.

However, that agreement is believed to run out on July 18 and Madrid insist that could help them agree a deal with the Reds.

RAFA BENITEZ must feel like he's found a peseta but lost a pound.

No sooner was he celebrating the arrival of Glen Johnson, while admitting he may have paid just a tad over the odds for him because he was English, than he received the devastating news that Andriy Voronin, the 'Bovine Ponytail', plans to return to Anfield from his loan spell at Hair Fair Berlin and "conquer the Premiership".

Assuming that nothing was lost in translation, and that he didn't mean to say he wanted to win the Conker Premiership, at a stroke he knocked about £3m off Rafa's transfer budget.

Juventus out of the running for Liverpool FC's Xabi Alonso

JUVENTUS have ruled themselves out of the running to sign Liverpool midfielder Xabi Alonso.

Fernando Torres: Liverpool FC boss Rafa Benitez has made me a better player

Fernando Torres has saluted manager Rafael Benitez for turning him into the most feared striker in the world.

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Press reports suggest that Rafa Benitez may be targeting a late swoop for the highly rated Colombian striking sensation Radamel Falcao Garcia Zarate or plain old 'Falcao' as he's usually known. The Liverpool manager will have to move swiftly with Benfica strong favourites to sign him for a knockdown £3m fee.

The talented 23-year-old currently plies his trade for River Plate in Argentina but is on his way out of the cash-strapped club who reportedly still owe the player 400,000 euros which has held up his transfer to Portugal.

Falcao recently signed a three-year contract extension with River to ensure the club receive a bigger fee from Benfica. The Lisbon giants were to purchase 80% of Falcao's economic rights but the move has stalled.

Fernando Torres: I'm in debt to Rafa Benitez

FERNANDO TORRES today saluted manager Rafa Benitez for turning him into the most feared striker in the world.

Liverpool FC midfield duo Sebastian Leto and Paul Anderson are sold off

LIVERPOOL have boosted their coffers with the sale of Sebastian Leto to Panathinaikos and Paul Anderson to Nottingham Forest.

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Fernando Torres: Liverpool FC can compete despite lack of spending power

LIVERPOOL striker Fernando Torres accepts the club's lack of financial muscle means they are unlikely to be able to compete for star signings - but he believes that will not affect their chances of winning trophies.

Liverpool FC midfielder Javier Mascherano remains Barcelona target

BARCELONA are refusing to admit defeat in their battle to sign Javier Mascherano.

Martin Skrtel backing Glen Johnson to be a success at Liverpool FC

Martin Skrtel has backed new signing Glen Johnson to succeed at Anfield.

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