Jamie Carragher cautions Liverpool against panic buying in January

Jamie Carragher has urged Liverpool to resist the temptation to panic buy in January. The 37-year-old pundit has called on his former club to be considered in their transfer dealings this month, rather than buying players who do not fit their long-term vision.

Carragher admitted the Anfield club may be forced to buy players because of their defensive injury crisis. But speaking ahead of Liverpool's signing of Marko Grujic, Carragher warned against buying players for the sake of it.

"I think there will be people coming in because of the injuries the club have at the moment," he said, according to Sky Sports. "The squad is not deep enough. But I don't think as a manager and a club you want to buy someone now in a panic and maybe regret it for next season. If he can get the right player that he wants now, get him. If not, bide your time and wait for the summer."

Carragher also praised the work of Liverpool's new manager Jurgen Klopp, who he said has done "very well" since joining the club in October last year. What's more, the retired defender claimed ending the season with a trophy would be a fantastic start to Klopp's reign. The Reds defeated Stoke City 1-0 on 5 January in the first leg of the Capital One Cup, meaning they are one game away from reaching a Wembley final.

"I think he's done very well. There have been some disappointing results, which is to be expected because the reason you change the manager is because the squad before and the results aren't going too well," the former Liverpool star said. "It's not his squad, it's not the best squad, obviously that's why the manager was changed. But he's had some outstanding results, and getting the result at Stoke puts Liverpool in a great position to get to a cup final.

"If he can win a trophy in his first season, it is a fantastic start because that was always thrown at Brendan Rodgers, that he hadn't won a trophy in his three years, although we got very close with the Premier League."

Liverpool currently occupy eighth position in the Premier League − six points behind fourth-placed Tottenham Hotspur − following their 2-0 loss to West Ham United.