Alberto Moreno says Liverpool's season target is to return to the Premier League top four but admits that will be difficult as Manchester United, Chelsea, Manchester City and Arsenal have "bigger budgets" than the Merseysiders.
Liverpool boss Brendan Rodgers spent about £117m ($183m) in bolstering the squad last summer following the departure of Luis Suarez to Barcelona with a number of new stars including Moreno, Mario Balotelli and former Southampton trio Adam Lallana, Dejan Lovren and Rickie Lambert.
And after a disappointed campaign, Rodgers spent a further £75m in the current transfer window to secure the services of Christian Benteke, Danny Ings, James Milner, Adam Bogdan, Joe Gomez, Roberto Firmino and Nathaniel Clyne.
Even though only United and City have been close spending as much as Liverpool this summer, Moreno believes beating the last season top four will be difficult due to their budgets.
"Our target is to finish in the Champions League places and lift a trophy. Liverpool haven't won anything since 2011-12 and our dream is to put that right. The people here deserve it. We have a young squad who can achieve big things," he told Marca.
"It's a tall order because Chelsea, City, United and Arsenal have bigger budgets, but we're not ruling anything out."
Meanwhile, on a personal level, the Spaniard hopes to establish himself in Rodgers's starting line-up after struggling in his Premier League campaign in order to regain a place in Vicente Del Bosque's Spain squad for the European Championship next summer.
"I'd like to be a regular in the starting line-up, to play as many games as possible and for the fans to enjoy watching me," he added.
"The first year was difficult because of the language issue and moving away from home, but I made 41 appearances, which is pretty good for my age and a club of Liverpool's stature,"
"Maybe the defensive aspect (is more difficult). This league is very physical, you're up against really fast and incisive players. In Spain it's more tactical and positional."