Liverpool owners the Fenway Sports Group are reportedly weighing up Brendan Rodgers' future at the club.
According to talkSPORT, principal owner John W Henry was not happy with the manager's transfer business during the summer.
Rodgers spent over £110m on players and most of it was earned through Luis Suarez's sale to Barcelona, and he brought in Mario Balotelli, Rickie Lambert, Adam Lallana, Emre Can, Lazar Markovic, Dejan Lovren, Alberto Moreno and Divock Origi.
But despite spending all the cash and bringing in quality players, the Reds have struggled this season and find themselves down in 11th place with 14 points in 11 games.
Apart from their Premier League struggles, the Anfield club have had a tough return to the Champions League after a five-year break and are now in danger of missing out of the last 16.
Liverpool have suffered three defeats in their first four group games and now have to win the remaining two games to qualify for the knockout phase. This qualification is the key to Rodgers' future at the club.
It is believed that the owners want the manager to take the club to the next stage in Europe's elite competition and recreate the form of last season, which saw Liverpool push eventual Premier League champions Manchester City to the very last game of the season for the title.
Meanwhile, Liverpool midfielder Lallana believes striker Rickie Lambert can fire the club back into the fight for a top four place in the Premier League and kick-start the Reds' season.
The Northern Irishman's side have been struggling for goals this season following the departure of Suarez and the injury struggles of Daniel Sturridge, but the England international believes that his former Southampton colleague has what it takes to score the necessary goals.
"I speak to Rickie a lot, I've had the privilege of playing with him for the last four or five years," Lallana said, as quoted on Liverpool's official site.
"We knew it was never going to be easy, moving clubs and coming into a team that people expect a lot from. But I can assure you that we're both working hard day in, day out."
"When Rickie gets his chance, I'm sure he's going to take it. I'm sure there's a goal or two around the corner for him. He is a massive asset to Liverpool and he has still got a lot to give," the former Southampton skipper added.