Liverpool manager Kenny Dalglish says the side will be wise with their spending in the summer, after Dalglish signed on as permanent manager at the Anfield club for three years.
"Whether is it massively or cheaply, it doesn't make any difference as long as you spend well," Dalglish told reporters.
"Budgets are all very well and good but it doesn't guarantee you anything.
"For ourselves, like every other football club, there will be movement in and out, and I'm sure there will be plenty of speculation.
"Some, you might even recognise the names.
"We will be doing business and the better we do the business the more successful we will be."
Liverpool spent a combined £57.8 million on Luis Suarez and Andy Carroll in the January transfer window, though with the sale of Fernando Torres and Ryan Babel for £56 million, the Anfield club didn’t actually spend very much money taking income into account.
Liverpool have been connected with numerous players over the last few months, with rumours circulating that Dalglish will be given a transfer budget in excess of £50 million.
But after announcing a loss of £20 million over the 2009-2010 financial year, Liverpool look set to keep a tight ship to get back into the black.