Liverpool's new signings need to hit the ground running because the club cannot afford to waste time and money, manager Jurgen Klopp said.
"Our transfers have to hit the ground (running) because we can't make a £40 million (R825.5 million) and £50 million signing and, in the end, if he is playing or not, it is not so important," Klopp told reporters on Friday.
"It can always happen for injury reasons and stuff like this but it should not happen very often because it's not that we, (as) we say in Germany, swim in money," he said.
"It's a wealthy club with no problems but the policy here is clear - we spend what we earn. If we earn more, we can spend more. If we earn less, we can spend less."
Colombian forward Luis Diaz, who joined Liverpool on January deadline day from Portuguese side Porto, is the latest addition to the Premier League side, and made his debut off the bench in the FA Cup win over Cardiff City last Sunday.
Klopp was sufficiently impressed with that performance to give Diaz a start in a 2-0 win over Leicester City in the league on Thursday, with the 25-year-old causing all kinds of problems for the opposition.
Another player who impressed against Leicester was Diogo Jota, who scored both goals. He also managed to get his Liverpool career off to a rip-roaring start after joining the Merseyside club in September 2020.
Klopp said timing was important when it came to transfer deals.
"I'm 100% sure Diogo Jota a year later would have had offers from other top clubs, so that's how it is," Klopp said. "Maybe in the year we wanted him it was not the case, I don't know, to be 100% honest.
"Similar with Mo (Mohamed Salah). If Mo would have played another season at Roma in a similar manner, probably would have improved there as well, there would've been other clubs in.
"So it's about timing, it's about what you need in that moment."
Second-placed Liverpool, who trail leaders Manchester City by nine points, visit bottom club Burnley today.
Meanwhile, Liverpool forward Sadio Mane will have a stadium named in his honour in his home region of Sedhiou following Senegal's triumph at the Africa Cup of Nations.
The 29-year-old was one of the stars of the tournament and scored the winning penalty in the shootout in the final against Egypt to give Senegal their maiden Afcon title.
Tens of thousands of fans lined the streets of the capital Dakar on Monday to await the arrival of the team and celebrate the victory, while President Macky Sall gave the players money and real estate, also awarding them the country's highest order.
"Mane has honoured Senegal, the region of Sedhiou and the whole (state) of Casamance," mayor of Sedhiou Abdoulaye Diop told Senegalese outlet Leral. "I would like to give the name of Sadio Mane to the Stadium of Sedhiou, to express the recognition of all the daughters and sons of the region towards a man who made the whole humanity aware of Bambali and its regional capital, Sedhiou. Sadio Mane really deserves this gift."
Located in south-western Senegal, Sedhiou is home to less than 25,000 people and has been made famous by Mane's exploits with Liverpool and the national team. The stadium bearing his name is set to be completed by 2023.
