Did Liverpool need to spend more this summer?

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After coming one point away from the Premier League title and winning the UEFA Champions League for a sixth time in club history, Liverpool did something few people expected.

It had a quiet summer.

To date, Liverpool has only signed a pair of teenagers, Sepp van den Berg and Harvey Elliot, along with goalkeeper Adrian on a free transfer, to add to the squad. That’s instead of getting involved with the likes of Manchester City, Man United and Arsenal in making big-money transfers over the summer to bolster what’s already a strong team.

Earlier in the summer, manager Jurgen Klopp warned to Liverpool fans to not expect much this summer, even when rumors were swirling that Philippe Coutinho could make a sensational return to Anfield.

“…it will not be the biggest transfer window of LFC; we invested a lot in the team in the last two years, I would say, Klopp told Liverpool’s website on July 17. “We cannot spend every year in the same manner.

“People talk about it like, ‘Now another £300m or £200m’. There are maybe only two clubs in the world – it looks in the moment like Barcelona and [Real] Madrid can do the same – City and PSG that can do it every year.

“But we are fine. I’m happy with the team, we are really happy. We have to see if we find maybe one position, if we find something for it, but there’s no real pressure because it’s not about signing a player. We have solutions for all the situations.”

In a way, Klopp is correct. Liverpool has spent quite a bit in the transfer market, especially with the signings of defender Virgil Van Dijk and goalkeeper Alisson Becker. Then again, the club were basically able to finance those purchases with the sale of the aforementioned Coutinho to Barcelona. In addition, the club earned more than $100 million last season between Premier League and UEFA Champions League rewards and television money.

But there is precedent that Liverpool’s strategy this summer isn’t a bad one.

The closest example is also the most recent. Tottenham went an entire calendar year, two transfer windows, without adding to their squad. Sure, they didn’t win the Premier League but they made the Champions League Final and still qualified for next year’s Champions League.

In another example from two seasons ago, Real Madrid didn’t make any major signings on its way to winning the 2018 Champions League title.

If you think about it, Liverpool certainly could have won the Premier League last season. If not for two dropped points at Man United, it may have been a double for the Reds. So why improve the squad when there’s no need to improve?

If everyone returns to peak form and fires on all cylinders, there’s no reason why this squad can’t push Man City again and make a deep Champions League run. Plus, with new contracts given over the past year to Mo Salah, Sadio Mane, Roberto Firmino, Jordan Henderson, and Divock Origi, the players are as motivated as ever to improve.

So should Liverpool have spent more this summer? Maybe. But maybe they have everything they already need.