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The full-back completed a £40million deal to join the club from Bournemouth.
Following Florian Wirtz through the door, Kerkez signed a five-year deal at Anfield.
And Nunez may not be alone in leaving the club with uncertainty around the likes of Federico Chiesa, Andy Robertson and Harvey Elliott.
Mirror Football takes a look at the latest transfer news and rumours around Anfield.
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Speaking after his move was completed, Milos Kerkez revealed Liverpool was the only club he wanted to join and detailed the prominent role Richard Hughes played, in addition to Arne Slot, in the move.
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"As everyone knows, [Richard Hughes] brought me to Bournemouth and was [a] big part why I came to Bournemouth," he said.
The shotstopper, 21, spent time on loan at Crewe Alexander in 2023/24 but has not yet made a senior appearance for the Reds.
Davies, who has been involved in 18 matchday sqauds, has been with the club since the under-9 level and signed a new deal before he joined up with the League Two side.
I am really happy to be here," Davies said, "I had some great conversations with people at the club and they made me feel wanted and welcomed me in.
Harvey Davies pictured in training with Liverpool on Monday(Image: REUTERS)
"I had a really good chat with the manager who presented really well to me and said that he wanted me, so it made the decision very easy."
A £150m offer may be required to even get Newcastle United to engage in a conversation over Alexander Isak per the Athletic.
Liverpool are said to hold an interest in the striker who has proven himself vital to the Magpies in recent seasons.
The Sweden international still has three years on his contract, though a new deal is expected to be on the horizon if Newcastle can prove persuasive.
Isak's future would have been more uncertain if not for the club securing their place in the Champions League and earning silverware in the Carabao Cup.
The reports suggests Liverpool may attempt to sway player and club into a deal, but expressed caution over the possibility of success.
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