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Liverpool suffered an embarrassing performance, culminating in a 1-0 loss at Sunderland Saturday, which is starting to become expected from the once-mighty Reds.
Kenny Dalglish's side may have won the Carling Cup this season for their first trophy in almost six years, but a club of Liverpool's stature—one that has also spent an obscene amount of money in the last year—should not be sitting in seventh place with just 39 points in March.
Fourth place is a very long way off, and the Reds will need a very strong push just to get to fifth place, which would ensure the Reds don't have to begin the Europa League season early in August.
"Implosion" and "rebuilding" are terms you hear more in the NBA and NFL, but that's where the Reds find themselves. None of the recent transfers have worked out.
Charlie Adam didn't cost much, but he isn't pulling his weight. Stewart Downing has been anonymous in most of his appearances. Andy Carroll has been largely useless.
Jordan Henderson is too young to judge, but he certainly is not a starter for a side looking to be in the Champions League every year.
Luis Suarez, who recently hinted that he is interested in Paris Saint-Germain, has often been one of Liverpool's best performers since arriving last January, but he's been way more trouble than he's worth. His performances haven't yielded goals, after all.
Aside from the recent transfers, Liverpool's bench is not up to par with other top sides. An oft-injured Steven Gerrard would hurt any team, but Liverpool have not been able to make up for losing Lucas Leiva.
Kenny Dalglish is one of the club's all-time greatest players and managers, but for whatever reason, it hasn't worked out the second time around.
No matter where Liverpool finish the season, this summer needs to bring with it some huge changes around Anfield.