Liverpool chief executive Rick Parry has dismissed claims boss Rafael Benitez has been told he cannot do any transfer deals in January.

It was reported Liverpool's American co-owners George Gillett and Tom Hicks had placed Benitez under a transfer embargo on moves in and out of Anfield.

But Parry told BBC Sport: "I can say that this is absolute rubbish."

Liverpool, however, are likely to wait until the summer to complete a proposed £17m move for Javier Mascherano.

Labels: Benitez, Mascherano, rick parry, transfers