Liverpool owner John W Henry has admitted he was shocked by the club's huge wage bill and lack of squad depth when he secured control at Anfield.
Henry and his Fenway Sports Group consortium completed their takeover at Anfield last October, securing control of the club from the much-maligned pair of Tom Hicks and George Gillett.
The Reds have endured a disappointing campaign with Kenny Dalglish being drafted in to replace Roy Hodgson earlier this term, and Henry feels their struggles are in due down to the state the club was left in by former boss Rafa Benitez and Hicks and Gillett.
"The worst surprise was the lack of depth," Henry told Four Four Two magazine. "Our biggest concern was this issue - and it was a bigger issue than we feared.
"There was a huge, multi-year payroll for a squad with very little quality in depth."
Henry insists he is determined to restore Liverpool to their former glories and has made winning the Premier League his top priority.
"Our number one priority is to win the Premier League title," added Henry.
"There was a huge, multi-year payroll for a squad with very little quality in depth. "
"That is what we take with us each day to work as the force that drives us to excel.
"If we can accomplish that we will have put ourselves in a position to be successful on all fronts. Success is winning championships, nothing less.
"And when you win a championship - and we will - success isn't measured or accomplished by winning once."
So .. non-Liverpool fans, what is your take on this?