Reina to sign new contract

Reina to sign new contract

Published Mar. 17, 2010 8:23 p.m. ET

Liverpool goalkeeper Pepe Reina pledged Wednesday to sign a new contract, while urging the financially troubled club to start spending heavily on new players.

After Liverpool finished second in the Premier League last season, Reina's team has failed to challenge for the title this year and is fifth in the standings.

The 27-year-old Reina wants co-owners Tom Hicks and George Gillett Jr. to spend in the offseason to try to help Liverpool win its first English league title since 1990.

"I hope we can compete with these kinds of transfers (by Manchester United and Chelsea) and spend some more money in the market, maybe go toe-to-toe with them," Reina said. "All I want and the team want is to be competitive as the others. There is nothing apart from winning the league with Liverpool once which makes me feel excited.

"That is a dream to get through and hopefully in a short period of time we will see it come true."

The Spain international says he has verbally agreed to a new contract with the club and expects to complete the formalities next month.

"It is really close and it (signing a new contract) is because they were good to me and I am grateful," said Reina, who joined Liverpool from Villarreal in 2005. "You will see something in a month or so. I am happy here and the club is happy with me, so I have no problem at all.

"Talking to my family, we believe there is no better place to be and that is why we will be here a bit longer, much longer."

Liverpool will try to overturn a 1-0 deficit to Lille in the home return leg of its last-16 match of the Europa League on Thursday.

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