So, the European champions have gone through the whole summer window without making a single major signing.
There were three new arrivals at Anfield with 16-year-old Harvey Elliott, 17-year-old Sepp van den Berg and 32-year-old back-up goalkeeper Adrian all being signed by Jurgen Klopp.
But if Liverpool are to beat Manchester City to the Premier League title this season, they will have to do it with the same squad – well until January anyway.
In total, Liverpool have made a £24m profit but, despite their Champions League triumph last season, have decided not to strengthen.
But on transfer deadline day ahead of their Premier League opener against Norwich, Klopp didn’t seem too concerned about his side’s lack of business.
“You should never do transfers because other clubs are doing transfers. That makes no sense, it’s not about that,” Klopp said.
“And if you sit back for a second and have a look at the squad, do we need more players?”
The Reds were hardly linked with a player all summer in fairness.
One name that did get mentioned late on was former player Phillippe Coutinho.
Coutinho was rumoured to be heading to Arsenal and then he was linked with Tottenham.
And Klopp was asked if Barca had offered Liverpool a chance to re-sign the Brazilian.
“No answer on whether we were offered the chance to bring in Coutinho,” said Klopp.
“We don’t make big comments on these things. It’s the same answer that it is not very likely for us to do something, we will see.”
However, according to the Telegraph, Liverpool were indeed offered Coutinho.
The report states that they ‘declined the chance to re-sign Philippe Coutinho, a package conservatively worth £100 million being viewed as not the smartest use of resources.’
Instead, they spent that money on contract extensions for their current stars.
It may well have unsettled a harmonious squad if they decided to bring back a player that forced a move to the Camp Nou midway through the 2017/18 season.
And, despite Coutinho having world-class ability, Klopp obviously decided it wasn’t worth bringing him back to the club.