Liverpool boss Brendan Rodgers has admitted his club were financially out-muscled by Chelsea in the race to sign Mohamed Salah.
The Basel striker has impressed in the Champions League this season, and emerged as a target for numerous leading clubs in Europe.
Liverpool were heavily linked with the 21-year-old for some time, but eventually it was Chelsea who sealed an £11 million deal for the talented youngster.
Rodgers concedes that he was fighting a losing battle when it became apparent that Chelsea were in the race for Salah.
He told the Guardian: The club did everything they felt they possibly could to get a deal but it wasn’t to be. It’s the construction of the whole deal, not only with the player and the agent but also Basel as a football club. It was deemed in this case that we couldn’t do a deal and Chelsea could. So the boy has gone there.”
The Liverpool boss continued: “That’s something that is out of my control. We can identify the players that we want to bring in and we hope we can get them in.
"If we can the club will do everything possible to match the value of the player. If they end up going to another club that is difficult to take. But you can’t worry about it, you’ve just got to keep looking forward.”
As is stands, Chelsea have been able to recruit two new players in Salah and Nemanja Matic, while Liverpool have been unable to bring in any new faces.
Liverpool chief Ian Ayre insisted that the club didn't miss out on Salah because they weren't decisive enough.
"We haven’t been held back from concluding a deal, it would be wrong to say that," he said.
"The player decided he didn’t want to come to Liverpool. We know what the value of the player is and how far we were prepared to go.
"That is something myself, Brendan and the others involved in the process discuss openly. We won’t overpay. In every transfer window you win some and lose some.”
Liverpool are gearing up for the resumption of their Premier League push for a top four finish, and will take on local and league rivals Everton this evening.