I feel like LFC have spent plenty. Just too much on ####ty players.
		
		
	 
I think it's too early to make a definitive judgement on most of the players acquired in the summer. They are all still very young. Also, while the total spend on players were high, the net spend ended up around 25-30 million pounds, which is less than the clubs around us in the table. We are still hampered by the H&G years, and finances are just starting to turn around. I think it'll be at least another 5 years before we can start spending at levels close to the current top 4. Lets not forget that we are just 5-6 years removed from being close to bankruptcy.
IMHO, the only wasted money in the summer was the 16M for Balotelli, but I can also see where they felt it warranted to take a gamble on him, late in the window, and few options.
The club spent for depth, and succeeded in that, got some very promising prospects, and solidified the core of the team. We have done this in the past too (spent for depth), and were never able to take the next step. (Tottenham did too, with the Bale money, and I think Spurs are a tougher and deeper team for it). With FPP it'll be harder, but we are now in a position where if the money next summer is spent on 3 starters/stars, we can push for the title (outside chance) or CL qualifying (good chance).
I'd like us to spend big on:
20+ goal striker, who can play off the shoulder of the defense, and play wide as well as direct. There are plenty of names being tossed about, all between 20M and 30M.
box-to-box midfielder, DM, who is a star player, replacing the distribution abilities and leadership of Gerrard, the 2005 version of Gerrard if you will. I'm intrigued by Sammy Khedira, who I believe is avaible on a free this summer.
keeper/sweeper in the Neuer mold.
The biggest issue getting these type of players have been salary demands, but there's a lot of salary coming off the books this summer:
Gerrard: 120k/wk (?)
Johnson: 100k/wk
Toure: 90k/wk
Aspas
Luis Alberto
Balotelli 70k/wk (?)
Borini
I'm not 100% sure of the total wages, but have seen in other places that it's around 500k/wk in salary that disappears. That should be plenty of wage space for 3 big names. The club was ready to offer Suarez 200k/wk, so there are no policies in place preventing a big splash.
The other issue is convincing players (and their wives) to move to Liverpool over other cities, but players have been willing to move to Manchester, so it's really more a matter of selling them on the idea that the club is making strides to get back to the European elite, and can offer regular CL football in the future. Could be a big ask, but I believe players that may not be regulars for the top 9 could be sold on the idea, or players looking to take the next step up.
Bottom line, we need more revenue to continuously threaten the top 4, and to stay ahead of Spurs. The stadium expansion is the next step on that road, and with the extra revenue/spend, we should be able to position ourselves for a chance at regular European football. I think we will threaten for top 4 for the next 5 years, make it some, miss some, and maybe push for the title one of those years if all the stars align. FSG has done a great job of bringing in additional sponsors, and I think that will only continue.