Parry believes the Premier League loan system should change
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Liverpool chief executive Rick Parry believes Premier League clubs are wealthy enough to make the practice of loan deals unnecessary.
Parry, who held a similar position at the Premier League before joining the Reds, says the system is open to abuse.
He said: "At the Premier League we thought that, given the money there is, you didn't need loans - you should be able to stand on your own two feet.
"There is enough money around to make transfer deals permanent."
He added: "That stood over 10 years. It's only in the last two or three years that we have had the loan system in the Premier League.
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606: DEBATE
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"It worked fine without it. There is a sense that it can be open to abuse but clearly it was the will of the clubs to allow the relaxation of it and clearly the majority are in favour."
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