Having made one signing so far during this winter transfer window and seen two players leave the club permanently, Liverpool fans will be hoping that the squad size at least ends the month equal to how it began.
The success thus far of the only arrival—Daniel Sturridge, who has three goals in three games—also gives some hope that further quality business can be done by the club.
In addition to Sturridge signing permanently, Joe Cole has left on a free transfer to West Ham United, while Nuri Sahin ended his loan spell early to return to his parent club briefly—before joining former team Borussia Dortmund on another loan spell.
As usual, more rumours continue to circulate linking the club to new signings and departures; here's a complete rundown on all the latest Liverpool transfer news.
The Wesley Sneijder rumour-mongering has come to an end; the Dutch international has finally sealed a permanent switch from Inter Milan, but it's not to the Premier League.
With the Reds having been linked with him for the past few weeks, including as recently as Thursday in the Mirror, some fans were anticipating an exciting link up in attack with Luis Suarez and Sturridge.
However, if there was any interest initially, it seems that the financial aspect of the deal may have put an end to it.
Sneijder has signed a permanent deal in Turkey and will now play for the next three-and-a-half years for Galatasaray.
Having seen one Inter Milan attacking midfielder move elsewhere, Liverpool have also now been reported to have bid for another, younger one—Philippe Coutinho.
The Telegraph report that the Reds have made an £8 million bid for the Brazilian starlet and that manager Brendan Rodgers sees him as a viable alternative to Blackpool's Tom Ince, for whom any transfer appears to have stalled.
Coutinho, aged 20, can play right the way across the attacking line, though prefers to feature in a central role.
He has played 10 times in the league this season, scoring once from three starts, with only one of those leading to a full 90-minute performance.
Stats from TransferMarkt.co.uk and WhoScored.com
While Martin Skrtel and Daniel Agger are Liverpool's first-choice two central defenders, Jamie Carragher was handed a rare league start on Saturday vs. Norwich City.
The Reds won 5-0, with Skrtel sat on the bench, and there was no place again for Uruguayan defender Sebastian Coates.
Such a lack of first-team involvement for Coates this season has led to speculation over his future, with Wigan Athletic the latest club to be linked with a move for the powerful defender.
Coates is regarded as a very good prospect, but there appear to be questions over whether he can function at his best in a high defensive line, which Rodgers favours.
The Telegraph report that Wigan want Coates on loan for the remainder of the season to cover injuries to defenders Ivan Ramis and Antolin Alcaraz.
Liverpool's quest for support and quality in wide areas of the attack continues apace according to the latest media reports.
A new name—or rather, a recycled name from years gone by—is Hungarian winger Balazs Dzsudzsak, who had been reported as a target for Liverpool.
However, Sky Sports report that the move is not a possibility according to the player's agent, in contrast to quotes attributed to Dzsudzsak himself, which stated he would consider moving away from his present club in Russia, Dinamo Moscow.
Left-footed, direct and possessing a ferocious shot, Dzsudzsak can play on either flank of the attack and is noted for his set-piece delivery as well.
The final new link for incoming players this week sees the Reds target Jores Okore, a central defender playing in Denmark with FC Nordsjælland.
Liverpool are just one of several teams interested in signing him according to Sky Sports, with Fulham, Manchester United, Chelsea and Newcastle United also all mentioned.
No fee is mentioned, but his agent is quoted as confirming that Okore may well move from the Danish top flight this month.