Liverpool manager Brendan Rodgers is unlikely to be handed significant funds in the summer transfer window despite the club challenging for the Premier League title and putting themselves on the brink of qualifying for the Champions League, according to former managing director Christian Purslow.
The Reds made eight new signings last summer and Rodgers has put the club within six wins of claiming a first league title for 24 years.
But Purslow says the restrictions on spending under Uefa's new financial fair play rules means Fenway Sports Group will hold back in funding a significant spending spree at Liverpool this summer, despite the club challenging for major silverware.
"I think the new Liverpool owners are absolutely committed to spending what they earn on the pitch," he told talkSPORT.
"Liverpool will earn maybe £30m more next year because they're in the Champions League. That will contribute to strengthening the squad next year. No question about it.
"Will they go beyond that with their own money? I somewhat doubt it. The new rules mean that is the model."
Liverpool failed in attempts to sign Mohamed Salah and Yevhen Konoplyanka in the January transfer window after being unable to match both players' valuation though Rodgers says the club will re-enter the market at the end of the season in an attempt to lure a top player to Anfield.
"We will be in the market for good and top players but there is more to it than that," he said in March.
"The money is great and we will be in the market to compete but what is important is still having a vision of how you want the club to progress.
"It is about coaching and man management and dealing with people, having a great staff, finding a cause for the players to fight for.
"All of that comes into it and that is something we have done in the period I have been here. The players believe in it and the work has got them the rewards."