The transfer window is finally open, and teams are looking to do some business in January that might make the difference between relegation and safety, a title challenge and a title victory, and everything in between. Liverpool are no different, and Brendan Rodgers has already taken the first steps to continue reshaping his team, with one in and one out in this month so far.
Liverpool have been on a good run of form despite a couple of disappointing defeats around Christmas, having recorded seven wins in their last nine games in all competitions.
Back-to-back 3-0 Premier League wins and progress in the FA Cup most recently have increased the feel-good factor around Anfield ahead of a tough upcoming run of fixtures.
One or two more pieces of activity in the transfer market could help the Reds along their path to a significantly higher place in the league table.
Daniel Sturridge became the first signing of January for Liverpool when he joined from Chelsea in time to make his debut against Mansfield Town. Sturridge took just seven minutes to open his account for the Reds, and he could have added further goals, but the debut strike will do him and the team plenty of good ahead of the trip to Old Trafford on Sunday.
Joe Cole also completed his transfer before the FA Cup Third Round ties, moving on a permanent deal to former club West Ham United.
The disposal of Cole's large wages comes as a welcome relief to the Reds' weekly bill, though he is said to have received a hefty payoff to avoid paying him even more money next season.
In addition to Joe Cole, two Liverpool youngsters have left the club to try to get some first-team experience elsewhere.
Striker Adam Morgan has joined Rotherham United on loan, where he will compete in League Two for a month. Morgan made his first-team debut this season and has performed twice in red so far.
Young goalkeeper Jamie Stephens has also left Liverpool on loan, joining Airbus UK Broughton for the rest of the present campaign. Stephens has yet to make his debut for Liverpool and has suffered with several injuries over the past year.
January Sales and Returns
On to the purely rumour-based, for now at least. Liverpool are said to still be looking at offloading one or two from their first team.
Midfielder Nuri Sahin is currently on loan from Real Madrid but unable to win a place in the Reds' team because of the recent form of Steven Gerrard. The Express believe he is soon to cut short his season-long spell and return to Spain, at least temporarily.
The Reds are still being linked to one or two more moves.
Potential transfers for Championship youngsters Jack Butland and Thomas Ince look set to be protracted deals if they happen at all, with Birmingham and Blackpool seemingly looking for big money for the duo.
With Martin Skrtel and Daniel Agger the established duo at the heart of Liverpool's defence, it is unlikely Brendan Rodgers would spend the rumoured £9 million at this point with other areas of the team still needing strengthening.
Manager Brendan Rodgers spoke just a few days ago about Liverpool's transfer business and hinted it was unlikely that too much more would be done during January—if Daniel Sturridge can add 10 goals to the Reds over league and cup games then, allied to the sale of Joe Cole, he would likely regard this window as a relative success.