This summer began with Liverpool being forced into the sale of talisman and last season's top scorer Luis Suarez to FC Barcelona.
Following his infamous biting incident at the 2014 World Cup, the Catalan giants paid a club record fee of £75 million to land the Uruguayan leaving Reds manager Brendan Rodgers with the challenge of having to rebuild a team.
Are mistakes being repeated?
The beginning of the 2013-14 season finally saw the most expensive transfer in world football come to fruition. Gareth Bale joined Spanish giants Real Madrid for a world record €100 million transfer fee from Tottenham Hotspur.
The situation allowed manager Andre Villas-Boas to bring in a number of high profile signings including Roberto Soldado, Erik Lamela and Christian Eriksen. However, the majority failed to adapt to life in the English top tier, which ultimately led to the Portuguese boss losing his job after just a season and a half in charge.
Spurs drew large criticism for failing to land established Premier League players, choosing to instead invest in overseas talent. Spending over £100 million on seven players who only managed to bag 36 goals between them in all competitions. With the biggest failure being that they could not fill the void left by Gareth Bale.
The challenge for Brendan Rodgers now is can he still lead his team to Premier League glory but fill the void left by the combative South American.
Raid on the south coast
The 2013-14 Premier League season saw Southampton surpass all expectations as Mauricio Pochettino's charges romped to a club record eighth place finish. With the Saints earning rave reviews for their free flowing brand of football.
The south coast club are well known for their ability to produce young British talent, with the likes of Gareth Bale and Theo Walcott passing through the doors of St Mary's in recent years.
Inevitably the clubs on field success led to a mass exodus this summer, with star performers such as Luke Shaw, Adam Lallana and Rickie Lambert all departing for new pastures.
Liverpool snapped up Lallana, Lambert and Dejan Lovren for a combined total of nearly £50 million. Though the Reds have confirmed Lallana will miss the start of the season through injury, the latter two are set to make their debuts against the Saints on the opening day of the season.
Lambert himself has disappointed in pre-season with a number of below par performances for the Anfield outfit. Although in contrast Lovren has made a fine start to life on Merseyside, scoring in the clubs 4-0 victory over Borussia Dortmund. With Rodgers expecting all three to become key components in his sides charge for the title this season.
As well as scouring the Premier League for new additions, Rodgers has also invested heavily in talent from across the continent. Bringing in potential rather than ready made stars in the form of Emre Can, Lazar Markovic and Divok Origi, with the latter going back to LOSC Lille on a season long-loan.
Using a similar transfer policy to Spurs from the previous summer in investing in overseas talent, Rodgers will be hoping that his latest acquisitions adjust to the pace and physicality of the Premier League much more easily than their north London rivals.
The Irishman has taken a gamble in bringing inexperienced pros to Merseyside with Markovic only spending one full season at SL Benfica before his 'big money' move. Another who fans will be eager to see is Emre Can, the German u21 international like the Serbian international only spent one full season at Bayer Leverkusen. Although it is one he will not have fond memories of, after only netting four goals in what was an average campaign for the Germans.
Brendan Rodgers may have invested for the future of the Anfield club, however only time will tell wether the future is bright for the Merseysiders.