Since arriving at Anfield in early 2011, manager Kenny Dalglish has already made a big splash in the transfer market.
Immediately upon his appointment as interim manager, Dalglish signed superstars Luis Suarez and Andy Carroll for a combined fee of £58 million in the wake of Fernando Torres' blockbuster £50 million transfer to bitter rival, Chelsea.
This summer, Dalglish has continued, signing Charlie Adam (£7 million), Jordan Henderson (£18 million), Stewart Downing (£20 million) and Alex Doni (free agent). He is expected to continue his summer spending, but the wage bill is very high, and there isn't too much left in the bank after having splashed out somewhat excessive fees on the two English wingers.
Dalglish has the luxury of having a lot of players, meaning there is a lot of dead weight. Here are five players who are likely on their way out:
Christian Poulsen (£5 million): A hard-working player who was never given a chance at Anfield; likely on the way out.
Raul Meireles/Alberto Aquilani (£20 million): With some elite youngsters pushing for a place, the logjam at center midfield needs to be sorted; one of them leaves.
Maxi Rodriguez (£10 million): Downing and Henderson signings could mean Maxi is shown the exit door.
Milan Jovanovic (£5 million): A disaster signing that is never going to be given a chance under Dalglish; rumoured to be on £100 thousand a week.
David N'gog (£10 million): Some teams are willing to pay big money for the Liverpool bust, so they must sell now.
That comes out to a total of £50 million. If Dalglish wants a serious shot at the Premier League title, he needs to spend it. Here are five players he could sign if he wants to make a serious championship push next season.