Liverpool Transfer Rumours: Anfield Club Ready to Send Joe Cole out on Loan

Roy Hodgson's first decision when he took over the Liverpool hot seat last summer was to rebuild the squad. He signed a series of players expected to fill specific roles on the team. Many of them were players virtually unknown to Premier League fans, coming in on small transfer fees. Most of them didn't work out.

When England winger Joe Cole was brought in last summer, he was expected to the team's star winger and bring the club glory.

He didn't.

Now, new manager Kenny Dalglish is ready to send the bust out to new Premier League side QPR on a season-long loan. 

The Guardian report claims that the Rangers have given Joe Cole a lifeline to save his top-flight career. Cole would give the newcomers a massive boost in their bid to solidify themselves as a legitimate Premier League team, as he is a top-tier player with immense quality. He has simply struggled with injury.

The one obvious glitch in the plan concerns Cole's sky-high £90,000-a-week wage bill, which QPR could likely not support.

If Liverpool are serious about shedding his salary, they would probably be willing to account for at least 30 percent of it. That would make it more manageable for QPR.

It is important we remember that Cole is still a very good player, and a season's loan at a lower-quality team could do him good. If he succeeds, both his confidence as well as Liverpool's fans and management's confidence in him would grow, and maybe he could come back to the team as a positive contribution.

He still has the talent to be among the best players in the league.