It's certainly a fair assumption to say Liverpool are in a transition period.
After an extremely successful season where the club won the FA Cup and EFL Cup, as well as finishing second in the Premier League and making the UEFA Champions League final, Liverpool have struggled this season (2022/23).
While the club said goodbye to Sadio Mané after six years, as the winger made the move to Bayern Munich, Liverpool then spent £65 million on Darwin Núñez and £37 million on Cody Gakpo in the January transfer window.
As we sit in April 2023, Liverpool are out of every competition and are 7th in the Premier League.
The likes of Alex Oxlade-Chamberlain and Naby Keïta are expected to leave the club while the future of James Milner and Fabinho are up in the air.
Back at the top next season
It was a steep drop-off for Liverpool this season in what has been a howler of a season.
Many of the team's best players have not performed at the level fans have been accustomed to and that has hurt performances on a weekly basis.
The absence of a competent midfield all season has been one of, if not, the biggest reason for Liverpool's failure this season.
With the talent that the team has in defence and attack, a midfield rebuild in the summer can potentially bring Liverpool back to competing for the biggest trophies.
The likes of Mason Mount, Moisés Caicedo, and Alexis Mac Allister have been touted as targets the club are looking at, and with the price tag of Jude Bellingham putting off the club from entering a bidding war, a war chest of funds will be available to potentially bring in three midfielders this summer.
The summer will tell the tale and will set the feeling of excitement and dejection going into the 2023/24 season.
Massive squad restructuring
The problem Liverpool have is many of their key players are 30 years old and beyond.
Mohamed Salah, Virgil van Dijk, Alisson Becker and Thiago Alcântara are all in that age bracket, alongside the likes of Jordan Henderson and James Milner, who are 32 and 37, respectively.
Sooner or later, Liverpool must address this and plan accordingly with a replacement for Salah and van Dijk in the next two years.
You look at Arsenal and they are at the very beginning of the journey while Manchester City have done a stellar job in keeping the squad fresh with impressive young talent while Liverpool have an extremely similar first 11 to that of five years ago.
Constant improvement is the name of the game in football and if you're not doing that, there's only one way you're going.
As we're at the business end of the season, eyes automatically look to the next season and what Liverpool can achieve, do you believe that Liverpool are in a transition period?