The takeover of Liverpool remains on course but is not expected to be completed until the end of the month or even early February.

The inspection of the club's accounts by the potential new owners Dubai International Capital (DIC) is continuing but Liverpool's directors have put off any idea of holding a board meeting until closer to the actual handover.

The due diligence process is now expected to be completed around the end of the month - meaning that the budget for any new signings during the transfer window will have to be independent of any DIC cash.