Liverpool boss Brendan Rodgers admits Champions League qualification would help their summer market work.
With 12 games remaining of the Barclays Premier League campaign, Liverpool are currently fourth in the standings.
"It's vitally important - for us to go to that next level, that's where we need to be," he said.
"I took over a team that was eighth, and that's what we've been building towards over the last 18 months.
"If we can get to that elite competition, then of course it attracts a different type of player as well. It's very important and hopefully it will be this year."
He added: "We have got lots of people that we're looking at. We'll assess where we are at the end of the season and take it from there."
