The summer of Jurgen Klopp has begun and the transfers have started to come in.
Last summer saw the transfers of Nathaniel Clyne, Roberto Firmino, Danny Ings, James Milner, and Christian Benteke under Brendan Rogers, and while some of the transfers have brought success, not all have panned out for the Reds.
With the disappointment of not qualifying for any European competition next season still fresh on the team's mind, Klopp is hoping to build a team that will go someway towards regaining the form that Liverpool supporters love to see.
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While no European competition has steered some transfer targets away, the thought of being part of a organisation with history and a bright future under one of Europe's best managers, has drawn in plenty of transfer rumors.
Let's forget about the rumours though and focus on the done deals. Here we take an in-depth look into the signings already made by Klopp and Liverpool.
After a season which saw Schalke improve one position in the Bundesliga, Matip has been considered an elite-level defender after impressive showings throughout the entire year.
His massive height gives him the ability to clear crosses, dominate the air, and create long strides in his running to make up for his lack of speed.
With Martin Skrtel expected to depart soon, bringing in the 24-year old Cameroonian is a great replacement for the 31-year old centre-back, as Matip will be able to play more due to his youth and his ability to recover after long matches.
With the Matip transfer, Liverpool should see an improvement in their defence, an elite player who can jump right into action, and a younger centre-back (and defensive midfielder on occasion) to replace one of Liverpool's departing members. All of this on a free transfer as well.
Klopp's second Bundesliga transfer on this list is German goalkeeper Loris Karius, who helped guide Mainz back to European competition after a disappointing 11th place finish in the previous season.
Karius has greatly improved his game in regards to long-range kicking and shot-stopping. His ability to play aggressively makes up for his smaller stature, and he will certainly provide pressure, along with Danny Ward, to Simon Mignolet's first team position.
While Liverpool supporters were hoping for a bigger name in the net, like Marc Andre ter Stegen, the 23-year old Manchester City academy product brings his own set of unique talents to Anfield.
With the Karius transfer, Liverpool will see a young goalkeeper applying pressure to Mignolet's starting position, which could bring out the best of both.
The £30 million signing of Sadio Mane has been a point of interest for Liverpool and non-Liverpool supporters since the announcement of the signing.
The 24-year old Senegalese winger has massive potential which can be molded by Klopp, and if he can improve his discipline and concentration, he can help dominate the game in numerous positions.
At Southampton last year, he scored 15 times in all competitions, while also providing six assists and creating 41 chances, proving his importance to the attack.
He has all the ability to become a great option in the Reds lineup, but there are two unanswered questions being raised already. Will he be able to handle the Anfield pressure? And will he be able to justify his hefty price tag?
With the Mane transfer, he is a young midfielder looking for an opportunity to fully become an elite attacking option in the Premier League.
Could Mane become the next best thing and lead Liverpool to glory again? Only time will tell.
Grade: B- (The price brings the grade down)
With the transfer window recently opening and the Euro 2016 wrapping up soon, expect more changes to come from Klopp.
Who else should Jurgen Klopp try and sign for Liverpool this summer? Leave us YOUR suggestions in the comment section below!