Liverpool are yet to make a marquee signing ahead of the new Premier League season.

Despite their recent success both domestically and in the Champions League, the Reds have not been tempted to break the bank in their pursuit to stay at the top of English football.

The failure to bring in Timo Werner after months of speculation pushed the German into a move to direct rivals Chelsea, and the same could happen with Thiago of Bayern Munich.

Jurgen Klopp has been open about the financial limits put in place by the club over the past two seasons, and it is down to their desire to remain ‘sustainable’.

Jurgen Klopp has been open about his limits on spending to fans
Jurgen Klopp has been open about his limits on spending to fans

The Mirror have reported that John W. Henry and Tom Werner of Fenway Sports Group have stuck to their ‘prudent’ approach following the recent pandemic, with backing from CEO Billy Hogan.

When asked about his immediate priorities following his appointment, Hogan went on to say: “The mantra, as most people know, is that this is about trying to create a sustainable business, a sustainable club, so it’s really my job to continue to run the organisation as efficiently as we can, to support the team.

“Clearly we’re in a great position, obviously an amazing last couple of seasons, in particular this past season with all the success on the pitch.

“We’ve obviously got incredibly solid foundations but these are uncertain times, so we’ve got to manage through that uncertainty.

John W. Henry has overseen an impressive period of success at Liverpool
John W. Henry has overseen an impressive period of success at Liverpool

“It has been a difficult last five or six months since we went into lockdown, but I think the great news is that the team, both on and off the pitch, has been able to work through that.

“We’re just looking forward to starting the campaign as champions. Now it’s my job to lead the business and ensure we support Jurgen and Michael [Edwards] and the team at Melwood as best we can.”

Klopp has been able to add Konstantinos Tsimikas to his playing squad as a back up to Andy Robertson, having raised funds by selling Dejan Lovren to Zenit Saint Petersburg.

The former Borussia Dortmund boss has been open about his spending limits to fans, as he reiterated late last month.

Get the latest transfer news straight into your inbox!

Want to be on the ball with Jadon Sancho to Manchester United updates? Or perhaps you're a Chelsea fan wondering who on earth could join next?

Well then sign up for the brilliant new Daily Star Sport email newsletter!

From the latest transfer news to the agenda-setting stories, get it all in your email inbox.

How do you sign up?

It only takes a matter of seconds.

Simply type your email address into the box at the top of this article and hit 'subscribe'.

And that's it, job done. You'll receive an email with all of the top news stories every single morning.

You can find out more information on our email newsletter on this link here.

Liverpool have stalled over a deal for Bayern Munich star Thiago Alcantara
Liverpool have stalled over a deal for Bayern Munich star Thiago Alcantara

When asked by Servus TV about Thiago, he said: “There are a lot of interesting players out there but if someone is interesting for us I can’t say right now.

“Due to COVID-19 you have to think five times about what you can and what you can’t do. We always have to pay attention to the financial aspect. We don’t know how much money will come in.

“Nobody knows but it seems like some other teams have a more positive outlook on the future… if you look at Chelsea for example [laughs].

“But I am very happy with my team right now. If something transfer related will happen we have to see.”