The Reds have made some fantastic purchases down the years, and here GOAL ranks the very best of them…
With success following them at almost every turn, Liverpool have been indebted to the impact of a number of new arrivals over the years.
But which transfers rank as the greatest in the Reds' long and illustrious history?
GOAL reveals all below…
Getty ImagesJohn Barnes
One of the most skilful and graceful footballers ever to wear the famous Red shirt, Barnes was already a fine player when arriving from Watford for £900,000, but became a genuine superstar on Merseyside.
A key part of perhaps the most exciting Liverpool team of all-time in 1987-88, he went on to score 108 goals in 407 appearances, converting successfully from a flying left winger into a majestic, controlling central midfield player in the mid-1990s.
He won two league titles, an FA Cup and a League Cup, and was named Footballer of the Year on two occasions.
AdvertisementGetty ImagesSadio Mane
The first big signing of the Jurgen Klopp era, and boy did it pay off.
Mane was not exactly an obvious pick when moving from Southampton for £35 million, but it didn't take long for fans – and Klopp – to fall in love with the Senegalese star.
He scored on his debut at Arsenal, netted the winner at Goodison Park in his first Merseyside derby and ended his maiden campaign at Anfield as the club's Player of the Year.
He switched wings following the arrival of Mohamed Salah, but his performances simply got better. A European, World and Premier League champion, as well as the key man as Senegal won their first ever Africa Cup of Nations in 2022, Mane deserves to go down as one of the all-time greats – for club and for country.
GettyAlan Hansen
A man who played a central role in Liverpool's dominance of the 1970s and 80s, Hansen was a centre-back ahead of his time, a ball-player and a reader of the game, blessed with a magnificent turn of pace.
In the 14 years that followed his £100,000 arrival from Partick Thistle, he won everything there was to win, including eight league titles and three European Cups.
His partnerships with the likes of Phil Thompson and, in particular, Mark Lawrenson, are among the greatest in English football history, and he remains the figure against which all Reds centre-halves are judged. An incredible footballer.
Getty ImagesVirgil van Dijk
At £75 million, the most expensive signing in Liverpool's history, but also one of the very best.
Van Dijk transformed the Reds following his arrival midway through the 2017-18 season, turning Jurgen Klopp's side from a thrilling-but-brittle outfit into one of the meanest and most complete in Europe.
He won the Champions League in his first full season, picking up the PFA Player of the Year award for good measure, and was a central figure as Liverpool ended their 30-year wait for a league title in 2020.
Was runner-up to Lionel Messi in the 2019 Ballon d'Or, which for a centre-back is some achievement. Reds fans will hope there are many more years to come from the Dutchman.