Kenny Dalglish returns from his summer break this week ready, willing and able to sanction a £28million spending spree.
Kenny Dalglish's first deal will be for Blackpool star Charlie Adam, 25, who is on the verge of completing an £8m move to Anfield in the next 48 hours.
And then the Liverpool boss will switch his attention to Aston Villa’s Stewart Downing, 26, who is desperate to be a Kop hero.
Dalglish is anxious to tie up the deal quickly, although Villa are haggling over the price for the England winger.
They want £20m, which is £4m more than the Kop giants want to pay.
The two clubs will reach a compromise in the next few days but Liverpool fear they will have to stump up the full asking price.
Downing is refusing to extend his contract, which has two years to run, and his arrival at Anfield now seems to be a case of when and not if.
Adam was heartbroken that a £7m Liverpool bid was rejected by Blackpool at the end of a crazy January transfer window.
But now relegation to the Championship has forced the Seasiders’ hand and they are resigned to losing the Scotland star, two years after he signed from Rangers for £500,000.
Liverpool’s director of football Damien Comolli has held talks with Blackpool chairman Karl Oyston to finalize the deal.
But Villa’s new boss Alex McLeish, who worked with Adam at Rangers, hasn’t given hope of a last-ditch hijack attempt.