Gareth Barry transfer hits new snag as Liverpool run out of money

Gareth Barry's move to Liverpool is in fresh doubt as the club's owners have failed to put the money in place to complete the deal.

American tycoons George Gillett and Tom Hicks had confirmed they would underwrite the £18million transfer for the Aston Villa skipper, allowing manager Rafael Benitez to sign Barry by the end of this week without first selling players.

But the money has not arrived, prompting fresh speculation about their commitment to the club.

Benitez is still keen to do the deal because he wants Barry at Anfield in time for the start of the season, and will not give up hope of securing the money needed.

He is hoping Villa will agree a deal to take Steve Finnan in part-exchange for Barry, meaning he will need to raise around £6.5m from the sale of players.

For transfer stories and rumours throughout the day, check out our Football Spy blog

Manage your own football team - Click here to sign up to our Fantasy Football game...