That’s the belief of Jamie Redknapp – who has backed his former club to challenge Manchester City for the Premier League title as a result of their transfer activity since last January.
The Reds have transformed the spine of their team across the last two transfer windows, spending just shy of £250million – including breaking the world record fees for a goalkeeper and a centre-back – on five signings.
Liverpool spent £75m to recruit long-time target Van Dijk from Southampton at the start of the calendar year with the Dutch defender’s impact on the side evident to help them reach the Champions League final.
Jurgen Klopp has since strengthened further with another big-money buy in goalkeeper Alisson, who cost the Merseyside club £65m, as well as the arrivals of midfielders Naby Keita and Fabinho and forward Xherdan Shaqiri.
Their squad upgrades have seen them tipped to be the most likely to topple defending champions City in the 2018-19 title race having beaten Pep Guardiola’s charges in three of four meetings across all competitions last season.
And Redknapp saluted the way in which Klopp has gone about improving his squad in recent months, declaring that even Van Dijk – whose record-breaking fee was initially met with widespread derision – is worth more than the fee Liverpool paid for him.
Redknapp told The Debate on Sky Sports: “What I like about Liverpool is that they’ve addressed problems. He [Klopp] hasn’t messed around.
“He knew he had to get a goalkeeper and he did it early. In defence, he knew he needed to strengthen and bought the best in Virgil van Dijk.
“He cost £70m [sic: £75m] but I reckon you could sell him for a lot more than that now. He’s been brilliant for that back four, he’s made everyone look better.
“Liverpool will concede goals because it’s a consequence of how they play. They are so attacking and sometimes they leave gaps in the midfield and it’s hard for whoever is in that area.
“But I’d rather have that type of football, that’s what you want to see. I think Man City, Liverpool and Tottenham, when they’re at their best, are a joy to watch.”
“With the players they’ve bought in, I don’t know what else they could have done.
“They always seem to buy players and Klopp turns them into stars and match winners and players that will be worth so much more than they already are.”
Liverpool play their final pre-season friendly against Torino tonight at Anfield (7.30pm) before focusing on their opening league encounter with West Ham on Sunday (1.30pm).