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The Reds have an extra £70 million burning a hole in their pockets after selling the striker to Barcelona, and their investment in domestic players and foreign talent is wise

COMMENT
By Greg Stobart

Last year it was Tottenham, this year it is Liverpool's turn to win the football lottery.

The Reds have money to burn this summer with Barcelona having finalised a £70 million deal for Luis Suarez. One of their big problems is that everyone else knows, too.

LIFE AFTER SUAREZ
Summer business so far

Rickie Lambert
Southampton (£4m)

Adam Lallana
Southampton (£25m)

Emre Can
Bayern Leverkusen (£10m)
As Tottenham found out last summer, it is not as easy in real life as it is on computer games to reinvest the cash from selling your star player and emerge with a stronger squad.

Liverpool manager Brendan Rodgers and chief executive Ian Ayre will be wary of falling into the same trap as Spurs when they sold Gareth Bale to Real Madrid for a world-record £86m transfer fee.

Tottenham signed seven internationals at a cost of £100m but ended up with a weaker team that saw two managers get sacked during a turbulent season in which they finished sixth in the Premier League.

None of the players arrived with any Premier League experience and, perhaps with the exception of Christian Eriksen, all looked out of their depth, overpriced or failed to settle at White Hart Lane.

Rather than sign three or four top-quality players to improve the squad, Tottenham's spending almost felt like a PR exercise to appease fans who might have otherwise been angered by Bale's departure.

The Londoners also put all of their backing behind a new technical director, Franco Baldini, who was yet to prove his competency in the transfer market and had a poor record when it came to transfer dealings at Roma.

Liverpool must make sure that they do not repeat the same mistakes and use the imminent injection of the Suarez money to ensure they end the summer with a stronger squad than they started.

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The potential is there to use the Suarez money to build a squad that can regularly compete for trophies and will not rely on the form or fitness of one star man.

The signs so far have been positive. Liverpool have already signed Rickie Lambert, Adam Lallana and Emre Can for around £40m combined in transfer fees.

Rodgers appears to be targeting the right mix between players with experience in England and some of the brightest young talents from the continent.

The 41-year-old wanted at least five signings this summer to boost a squad that played far fewer games than their rivals last season but are now preparing for the added challenge of Champions League football.

Rodgers managed to steer Liverpool towards a title charge with a core of 14 or 15 players. He will fancy his chances of going one better next season, even without Suarez, if the money is spent sensibly and on the players he needs.

In raiding Southampton for Lambert and Lallana, plus centre-back Lovren, Rodgers will ensure he has players with domestic experience, and a ready-made understanding, to bolster the ranks. It could not be further from Spurs' approach.

In an ideal world, however, the Reds would have signed Alexis Sanchez as part of the agreement to sell Suarez to Barcelona, but the Chilean looks set to shun a move to Merseyside in favour of Arsenal.

But winger Lazar Markovic, striker Divock Origi and Lovren are all expected to join before the start of the season, with plenty of budget left over for even more improvements.

When the transfer window shut last summer, some observers claimed that Tottenham had sold Elvis and signed The Beatles. It ended up like a terrible tribute band on a Tuesday night in a north London pub.

With a more considered approach, Liverpool can get it right where Tottenham failed.

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