The Spaniard replaced Arne Slot in charge at the start of June after delivering an historic campaign at Bournemouth, culminating in European qualification.
Liverpool fans are now excited to see what he can do at Anfield with a war chest of funds to spend, as he potentially looks to raid his former club for players.
Alex Scott has been linked with a switch to Merseyside following an exceptional Premier League campaign, while teammate Rayan is also on their radar.
According to Brazilian outlet RTI Esporte, the Brazilian winger is among the candidates being considered by the Reds hierarchy to lead their attacking line.
Rayan only joined the Cherries from Vasco de Gama in January for £24.7 million, and he instantly adapted to England's top-flight with five goals in 15 appearances, while earning plaudits from Iraola.
"I am really happy to sign Rayan. I think he has been training the past days with us," Iraola said after signing the teenager.
“Obviously, it’s a big change for him but he was really happy and also excited. He’s been good training and he is ready for tomorrow. He will be a good help in this moment.
“We have to be careful with him in the sense that he’s 19. He’s making a big jump, a big change to a different country."
Bournemouth cleverly inserted a £130m release clause in his contract that will come into play from January onwards, and that is why Liverpool could push to sign him this summer.