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Gerrard explains Liverpool U-turn
SAME IDEA "It is true that he offered to give up the captaincy but I spoke to some players and our idea was the same -- that Stevie should be our captain," said Benitez. Chief executive Rick Parry indicated Gerrard had agreed to sign a new contract which could make him one of English soccer's highest-paid players, earning an estimated 100,000 pounds ($175,500) a week. Earlier on Wednesday Parry said that in a series of telephone calls he had apologised to Liverpool-born Gerrard for any misunderstandings about the club's desire to keep their talisman. Newspapers reported Gerrard had been upset by the slow pace of his contract negotiations since the Champions League win over AC Milan. "We've cleared all of that and I don't think it will happen again. It hasn't been easy for him but as far as we are concerned it is the right decision," said Parry. The five-times European champions rejected a bid for the 25-year-old from Premier League champions Chelsea earlier this week. Newspapers reported Chelsea had bid a British record 32 million pounds ($56.28 million). Gerrard's change of mind is a carbon copy of the situation 12 months ago when the player appeared set to join Chelsea, only to follow his heart and stay with his hometown club. Gerrard scored one goal and made another against AC Milan when Liverpool rallied from 3-0 down to reach 3-3 and a penalty shootout victory after extra time in the Champions League final. Liverpool are preparing to face Welsh part-timers TNS in
their Champions League first round qualifier on July 13.
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