Could this be the summer that Liverpool finally solve their left-back problems? Paul Konchesky didn't work and playing Glenn Johnson out of position is no long-term fix, so this position will be top of Kenny Dalglish's agenda. Newcastle left-back Enrique is entering the last year of his contract and shows no sign of signing a new one. He could sit out his last year and go for free next year but Newcastle won't want that. The Spanish 25-year-old is likely to command a fee of around £8m
An intriguing alternative is Arsenal's first choice left-back Clichy. The Frenchman is also entering the last year of his contract and no new deal has been agreed. The Gunners have Kieran Gibbs in reserve and may prefer to sell Clichy now rather than let him leave for free next summer. The highly-rated 25-year-old would be quite a scalp for Liverpool, with rumours that they have already offered £5m for him.
Liverpool could do with strengthening at centre-half and could be tempted to make a big-money move for Gary Cahill of Bolton. The Trotters will be loathe to sell one of their star assets, who has forced himself into the England fray with some consistent performances. Liverpool will be looking at forking out £17m, plus entering a bidding war with Spurs and Arsenal.
Blackpool midfielder Adam is destined to leave Bloomfield Road this summer having stated his desire to continue plying his trade in the Premier League. Liverpool made an unsuccessful bid in January and it seems likely they will return this summer to purchase the Scotland international. Blackpool apparently want £12m, which seems a bit steep, but Liverpool should be able to agree some sort of compromise.
Interest in Ashley Young has dwindled in the face of Manchester United's pursuit of the Aston Villa winger. But Liverpool could be in for another one of the Villains best assets in the shape of Downing. The England winger impressed in a consistent season for the Midlands club. They want him to sign a new deal but Downing has so far refused, increasing the speculation that he will move on. Rumours of a £15m bid have been doing the rounds.
Liverpool have joined Arsenal and Tottenham in pursuit of Football Writers' Player of the Year Parker. He's sure to leave West Ham this summer following their relegation, having formerly informed the club of his wish to move on. That he hasn't moved already is due to the Hammers' lofty price tag of £8-£10m, which all of his admirers have baulked at. Although whoever wants his services will have to stump up a fair fee, considering he has three years to run on his contract.
Taarabt played a key role in QPR's promotion from the Championship and as such has alerted a number of top teams to his capabilities. Rumours suggest Liverpool could be willing to offer Joe Cole in part exchange. QPR value their Morrocan play-maker in the region of £9m. The former Tottenham player has been coy over his future in recent weeks, fuelling the speculation.
Having come highly recommended by goalkeeper Jose Reina, Liverpool will step up their efforts to sign winger Cazorla according to some reports. The Spanish international has been on Liverpool's radar for a while now, but the £28m release clause in his Villareal contract has proven a stumbling block. Yet it's thought that £18m could be enough to secure the services of the 26-year-old, who has 33 international caps.
Wingers appear to be at the forefront of Dalglish's thinking, as he sets his side up to supply Carroll, and another option could be Wigan's Charles N'Zogbia. The former Newcastle player has been a consistent performer in the Premier League and he was pivotal in Wigan's late escape from the relegation zone at the end of last season. Wigan have fought off bids in the past meaning any fee could rise rapidly if Liverpool show serious interest in the Frenchman.
Liverpool look content in the strike department, but owners Fenway Sports Group like an investment, and could be tempted to move for Connor Wickham. Ipswich have signalled they are prepared to sell should anyone match their valuation of £12m for the 18-year-old. The England under-21 player, who has been dubbed 'the next Alan Shearer', is a Liverpool fan.
Liverpool have an air of a team in the ascendancy. Ever since Kenny Dalglish returned to the helm, the players seem happier, the football is better and the playing staff have already been improved.
Andy Carroll and Luis Suarez came in January and Jordan Henderson has already been acquired this summer. And despite all this expenditure, their appears to be more in the coffers should the right players become available.
Here, we take a look at who else could be heading to Anfield as the Reds look to force their way back into the English elite.
>> Click on More Pictures to launch our guide.
Leave your comments and suggestions below