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One player who will significantly increase how much they spend is Alexander Isak, with the Swede easily costing in excess of £110m.
However, despite the talent the striker clearly possesses, Carragher is very unsure about the move as a whole, with the former defender believing it will only negatively impact one of their new signings.
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“I’m a bit uneasy because Liverpool have already bought a striker for a hefty sum of money,” he said to The i Paper.
“They do need two more attacking players, they need another striker and they need another wide player to replace what’s gone.
But when you sign a striker for £80m – and I think this kid [Ekitike] looks a really good player – Liverpool have signed him to be the next Isak.
“I just scratch my head to think where he gets his minutes if Isak signs because you wouldn’t be able to leave him out, he’s that good a player and you’d have spent that much money on him.
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“People say you need all sorts of different players and you do need that but sometimes you buy someone who is so expensive and so good they don’t have competition, they just play.
But I won’t be devastated if it doesn’t happen because they have a great prospect there already and he’s looked great in pre-season.”
Whether Liverpool fans agree with Carragher or not, everything would suggest that Isak will end up at Anfield come September 1st.