Liverpool manager Brendan Rodgers is to be handed a significant war chest to hit the transfer market this summer as the Reds seek to build after qualifying for next seasons Champions League.

Now the favourites to win the Premiership together with qualifying for Europe’s to competition has given the Merseyside outfit the belief that they can attract the sport’s top talents.

“It will cost what it costs when we decide who the manager wants to buy,” said managing director Ian Ayre to the BBC.

This season Liverpool’s limited squad have benefited by not being involved in European competition allowing the club to achieve its aim of a top four finish.

“It has always been tougher in the transfer market when you are not competing at the highest level,” said Ayre.

“We have always been fortunate to be able to bring great players here despite that, but there is no question it opens up a few doors for us and makes it a little bit easier.

“There is no question we always expected that the squad we need for next season will be very different to the squad that we have needed for this year when we were not playing in Europe.”

Liverpool’s main focus will be to bring in defensive reinforcements but they could be a surprise or two as well.