Liverpool captain Steven Gerrard says the club can mount serious title bid depending on their dealings in the transfer market.
The England midfielder, who missed most of the season due to a groin injury, has watched the Anfield club be transformed under Kenny Dalglish, and so impressive have the performances been, that many have tipped the club to be outsiders in next season's title race.
And Liverpool's talisman believes little tweaks to the squad could prove to be the difference.
"I am delighted with the way we have been playing, generally.
"It makes me feel very enthusiastic about next season. If we can maintain the form we've had recently, get our injured players back fit and playing, and bring a few top quality signings through the door, you never know what might happen.
"With the belief we have running through the squad, and with the outstanding players we already have, we know we can approach every game with a great chance of coming out on top."
The impact of Luis Suarez has given many Liverpool fans reason to believe that their 21-year wait for a trophy could finally be over.
Earlier this month, Liverpool's impressive form, which saw them in contention for a Europa League spot up until the final day of the season, saw Dalglish given the manager's job on a permanent basis.
And Gerrard says the club has a different feel to it since the Scot took over.
"Kenny has given all the lads in the squad the freedom to go out on the pitch and express themselves, in both training and matches, and that's important.
"When you are playing good football, it gives you confidence to have the bottle to press high up and win the ball back, and that has been the key for us. The danger of course, is becoming complacent.
"We can't believe we are suddenly fantastic, because even though we have improved, there is an awful lot of work ahead if we are to genuinely mix it with the teams at the top. But with top quality signings, who knows what we can do."