Liverpool manager Kenny Dalglish has stressed it is not imperative for the club to spend big this summer.
Owners Fenway Sports Group are preparing for their first extended transfer window, having only bought the club last October, but showed in January they are prepared to sanction major spending when it is required.
Dalglish said: "We will be doing business but the better we do the business the more successful we will be."
Having sold Fernando Torres and Ryan Babel to Chelsea and Hoffenheim respectively, the Americans sanctioned the use of the £56million income to buy club record signings Andy Carroll and Luis Suarez for a combined £57.8million.
Now Dalglish has been confirmed as permanent manager, it is natural FSG will want to back the club icon as he looks to build on the success he has enjoyed since first taking over control of the team in January.
Liverpool have been linked with a whole host of players but, while there will be changes to the squad, the Reds boss has no desire to spend for the sake of it.
"Whether is it massively or cheaply, it doesn't make any difference as long as you spend well," said the 60-year-old, whose side can secure fifth place and Europa League football with a win over Tottenham at Anfield on Sunday.
"Budgets are all very well and good but it doesn't guarantee you anything.
"But as long as your players are playing well you have a chance.
"Like every other club there will be movement in and out and I am sure there will be plenty of speculation - some we might even recognise the names of."
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