Jurgen Klopp admits Liverpool cannot compare with the spending power of their main Premier League rivals - but has urged frustrated supporters to keep faith in the club's transfer methods.
The Reds will begin their campaign on Saturday evening at promoted Norwich City having signed just £36million centre-back Ibrahima Konate this summer.
By contrast, Manchester City have splashed out £100m on Jack Grealish and are willing to spend even more on Tottenham Hotspur striker Harry Kane, Manchester United will have soon spent £130m by adding Raphael Varane to the capture of Jadon Sancho, while Chelsea have coughed up almost £100m to sign Romelu Lukaku.
Liverpool continue to work within the financial model constructed by Fenway Sports Group, with the owners mindful of the losses accrued during the ongoing coronavirus pandemic.
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And Klopp remains realistic about the continued imbalance between the Reds and their near rivals.
"I'm never surprised about the financial power of Chelsea or City or United, I'm long enough in the country to know they always find a solution to do these kind of things," said the Reds boss.
"We all know the situation of Chelsea, we all know the situation of City, we all know the situation of PSG, for example. United I don't know exactly how they do it, but we have obviously our way to do it.
"Since I have been in, it has always been the same. We can spend and we are allowed to spend the money we earn. That's what we always did."
Klopp added: "We cannot compare with the other clubs, they obviously don't have any limits. We have limits.
"But we were quite successful even when having limits in the last few years and that's what we shall try again and not use it as an excuse. If we don't win a game we won't say 'it's because we didn't sign him or him'.
"We want to use our sources - that's passion, a good way, desire, a clear plan, direction, flexibility. That's our football, that's what we want to use. Let's see which is the right way.
"We cannot spend money we don't have. We cannot, maybe others can, but we can't."
While Klopp sympathises with the exasperation of a certain section of the Liverpool fanbase at there being no influx of new arrivals, the Reds boss has explained how the club uses different methods to keep improving the squad.
"I really understand it," he said. "I'm in my sixth year here, and apart from the year we signed Ali and Virg, it was always the same. It looks always like we don't sign enough and don't do enough.
"We work constantly on improving the team and one part of it is signing new players. The most important thing, and I think our fans appreciate it as well, is having a group together who is fun to watch, exciting to watch, is fighting together, who is definitely 100% committed to the club and the values of the club.
"We have that. Let's fight with all we have and whatever happens until the end of pre-season (the transfer window) we will see.
"We cannot just add on players to this squad and say 'let's have a look how that works' because you have to look at the squad the whole year."
Liverpool have instead concentrated on retaining the core of their squad with Virgil van Dijk having on Friday followed Alisson Becker, Fabinho, Trent Alexander-Arnold, Harvey Elliott, Caoimhin Kelleher and Adrian in penning a new long-term contract.
With Mohamed Salah, Sadio Mane, Andy Robertson and Jordan Henderson also slated for new deals, Klopp is confident there will be more to come.
And of Van Dijk, he said: "It's great news. Imagine if we would have to buy this boy now? Thank God we only have to give him a new contract.
"For us, it's our way. We keep the team together. That's an important part of business as well.
"I know it's not as exciting as it is with signing new players to the outside world, and it looks always the same that if you don't sign, then you don't work. That's not the case.
"If you are a real Liverpool fan then you are really happy with the news the club delivered in the last few weeks, signing Alisson Becker, Trent Alexander-Arnold, Fabinho, Virgil van Dijk, and others will follow.
"If other teams wanted to sign these players they would have to pay a lot of money and we have them already."
