Liverpool owners FSG have assured manager Jurgen Klopp of a massive summer transfer budget to reinvigorate his ageing squad.

The Times says FSG are willing to throw their backing behind Klopp by overseeing a large-scale recruitment drive at the end of the campaign. It is said that Liverpool chiefs are painfully aware of the need to sign younger players with high ceilings in order to prepare for the future and provide the club's ageing squad with a much-needed injection of additional quality.

Klopp is said to have been buoyed by indications that he will be given 'significant resources' in the summer transfer window to pursue some of Liverpool's highest-profile targets. Jude Bellingham is thought to be at the very top of their shortlist after establishing himself as one of Europe's leading midfielders in recent years, while a big-money move for Wolves playmaker Matheus Nunes is also said to be among the options on the table.

Liverpool have also been planning to hire a new head of research to fill a key position in the club's recruitment operations and are close to naming a successor to Dr Ian Graham, who is credited with building the club's renowned data science department.

His previous work led to a number of important moves for the Reds in the transfer market, including the captures of Mohamed Salah, Sadio Mane and Andy Robertson from Roma, Southampton and Hull City respectively.