Liverpool co-owners George Gillett and Tom Hicks have vowed to back boss Rafa Benitez in the summer transfer market.
And American Gillett has not discounted a move for former Reds striker Michael Owen, whose future at Newcastle has been the topic of intense speculation.
"He is a great player but it is down to Rafa's recommendation, not us," Gillett said of the England international.
In an effort to stave off interested parties, new Magpies boss Sam Allardyce met Owen for the first time this week.
Allardyce interrupted his holiday to talk to the 27-year-old in the build-up to the England B international against Albania and outline his ambitions for the St James' Park outfit.
Owen has spent 10 months on the sidelines fighting his way back to full fitness and managed to play in his club's last three games of a difficult season.
But there are reports of a get-out clause in his contract and speculation that he could be available for as little as £9m.