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Jurgen Klopp admits Liverpool's squad rebuild will not happen "overnight" as they lack the funds of some of their Premier League rivals to facilitate a quick turnaround. READ MORE: ' READ MORE: ' And has suggested the short-term pain is a possible price to pay for what he regards a long-term project in building a new team.

“It will not go overnight, and imagine the situation now with another coach in the chair.



And Klopp, has acknowledged Liverpool have to change the squad in their own way.



Klopp will have spent 11 years at Anfield should he continue through to the end of his present deal.