Jurgen Klopp admitted on Friday his struggling Liverpool squad need a rebuild, saying he signed a new contract last season to oversee the repair job at Anfield.
Last season, Liverpool came agonisingly close to winning an unprecedented quadruple but are now already out of both domestic club competitions and lag 19 points behind Premier League leaders Arsenal.
Klopp has been blamed for failing to refresh the squad, particularly his ageing midfield, but the German said “splashing the money” was not a solution at Anfield.
Last April, Klopp extended his contract until 2026, knowing major changes were necessary.
“We know we have to change things and we will,” said the Reds boss, whose side are away to Crystal Palace on Saturday.
“We cannot make four transfers before we know who will leave the club.
Liverpool were pipped to the Premier League title by Manchester City and lost the Champions League final to Real Madrid but ended up winning the FA Cup and the League Cup.
“We played until the last moment and if you want to change at this club you cannot just bring in new players and realise ‘Oh, no one wants to leave’,” said Klopp.
Despite their struggles, Liverpool are still only seven points adrift of fourth-placed Tottenham with two matches in hand and Klopp said not all was doom and gloom.
“I don’t say everything everyone says around us is wrong, not at all, but most of the things are not right as well,” said Klopp.