Liverpool Transfer News and Rumours Tracker: Week of February 10
But even though the dust has settled, the Reds continue to make the headlines and, despite the transfer window being closed, continue to be linked with some of the world's best players.
This week Brendan Rodgers' side have been linked with a surprise move for one of the Premier League's greatest full-backs, whilst one of their top earners has admitted that his future at Anfield is unclear.
Here is the transfer news and rumours tracker for the week beginning February 10.
Ashley Cole Linked with Liverpool Move
According to the Mirror, Chelsea full-back Ashley Cole is a summer target for Brendan Rodgers. The England left-back's contract is due to expire at the end of the season, and Chelsea's stance on giving stars over 30 a deal no longer than 12 months could persuade Cole into a move elsewhere.
The former Arsenal defender signed a contract extension at Stamford Bridge last January, ensuring that his deal would expire in the summer of 2014, but a lack of first-team football could signify the end of Cole's time in West London.
The 33-year-old has been playing second fiddle to Spanish full-back Cesar Azpilicueta this season and has featured just 13 times in the league for the Blues. The England centurion has undoubtedly been one of the finest defenders in Premier League history and would provide stellar defensive cover for any of the other 19 sides in the league.
A move to the MLS is a possibility for Cole, but it is believed that he would prefer to stay in England's top flight for at least another year.
Liverpool boss Rodgers knows Cole from his days as a coach at Stamford Bridge and could be keen on a move in the summer should the defender leave Chelsea.
Pepe Reina's Liverpool Future Still Up in the Air
Liverpool goalkeeper Pepe Reina has admitted that his Liverpool future still remains unresolved, reports the Mirror.
I don't know where I'll be next year, but my plan is to enjoy this season and do a good job. Then I'll have to go to Liverpool and make a decision.
They (Liverpool) have to explain to me what their intentions are, but I'm not currently up to speed on all of the possible offers which might come in, because that's a job for my agent.
My future is here, in Italy, and we'll see what happens in June.
The 31-year-old was once a favourite at Anfield and would have been one of the first names on the teamsheet, but the Spaniard was sent out to Napoli on loan for the season as Brendan Rodgers brought in Sunderland keeper Simon Mignolet.
Belgian stopper Mignolet has performed solidly for the Reds this campaign and warrants a place in the starting XI, but with Reina, Liverpool possess one of the world's finest goalkeepers and would be foolish to let him leave—should he decide that his career remains on Merseyside.
Reina has been strongly linked with a return to Spanish giants Barcelona in the past, and, with the Blaugrana's current keeper Victor Valdes deciding that he will leave the La Liga champions at the end of the season, he could well make a return to his former employers.
Liverpool Make Bid for Bundesliga Midfielder
According to Metro, Liverpool have placed a £2 million bid for Wolfsburg midfielder Tolga Cigerci.
The 21-year-old has spent the season on loan with Hertha Berlin, and, as Metro reports, Brendan Rodgers has been following his progress during this campaign.
Reds boss Brendan Rodgers has been tracking the Germany Under-19 ace during his loan spell at Hertha Berlin this term – and is now ready to move in.
According to Bild, Liverpool have offered Wolfsburg £2million to sign the player on a permanent basis and are now waiting to see if the bid was successful.
Rodgers was forced to move for the 20-year-old early, even though the transfer window is shut, because Hertha have been in talks in a bid to make his loan a permanent switch at the end of the season.
Cigerci started his career at Wolfsburg but has made just seven league appearances in four years for the club and has spent time on loan at Borussia Moenchengladbach and Hertha.
However, the midfielder has started to attract attention from clubs across Europe and could be attracted by the lure of playing Champions League football—should Liverpool qualify, of course.
Described as "dynamic, technically good and constantly on the move" by Hertha coach Jos Luhukay, securing his signature for just £2 million could prove to be a real coup.