Since Kenny Dalglish returned to Anfield in January, the Kop chief's red revolution has seen him splash out more than £100million.
When asked if he had been left deflated by the countless big-money buys checking in across Stanley Park, he immediately confessed: "I would have to say 'Yes'.
"I did feel that at first but then you tend to think 'Stuff it, I'm just getting on with it'.
"We have tried to make a fist of it but it will be difficult to compete on an equal financial footing again.
"Liverpool have a great brand, that's true. But over the last few years maybe we haven't been so far away from each other."