Liverpool legend Robbie Fowler admits he's worried by news the board are closing their chequebook.
The Reds have signed three players with Darwin Nunez, Fabio Carvalho and Calvin Ramsay being added to the squad.
Fowler said to bettingexpert: “It is funny actually when you talk about Liverpool. One of Liverpool's problems over the years was they never had the depth, they never had the squad to compete on every level.
"All of a sudden they got that squad to compete at every level. People would say, maybe we don't need to play that many games. I don't get that, I really don't because we want them to compete at every level. There are a few options for certain players, we don't know whether they want to keep them or not.
“I don't want Liverpool to be in the same boat they've been in a few years ago when the squad wasn't great. Don't get me wrong, the first eleven now would be brilliant, but when you start getting rid of maybe three or four players, the squad is not as strong as it was.
“So then you maybe go back to the level it was maybe a few years ago. And I don't think Liverpool can afford to do that now, because they've worked so hard, and they did so well to get where they are.
"And I don't want to see that stop, I want them to sign more players. Who else they will sign I don't know, will they wait another year to bring another midfielder in, time will tell. Football is seeing a lot of teams in precarious positions because if you are not signing players, you are not necessarily standing still, you are going backwards, because teams will sign players."