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"I think it is only a compliment that people tell everyone we have spent so much because that tells you the players we brought in are seen as very good players.
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"I think we did great business; we brought in great players and to add to that, we have already lowered the age of the players.
"Some other teams prefer to bring in 27-year-olds because they are ready but we think we have brought in players who are 21, 22 who are ready.
A number of Liverpool’s new recruits will feature in the Champions League against Atletico Madrid on Wednesday.
"What I don’t like about this format is everywhere you have a league table and play-offs, you have a league table after everyone playing the same teams so if you end up number one then probably the number eight is weaker than the number five.
"This league table doesn’t give the real opinion about who is good and who isn’t so it can happen like last season, where the number 11 Real Madrid played the number 22, Man City.