So far Fabio Borini, Joe Allen, and Oussama Assaidi and Nuri Sahin have all arrived at Liverpool, and they are unlikely to be the only ones.
Here is a look at five players who Brendan Rodgers has been linked with adding to their squad, and could still conceivably arrive.
Dutch winger Ibrahim Afellay has been given the green light to move from Barcelona on loan for the season, and Liverpool are one of three Premier League clubs looking at bringing him in. Counting against him could be Raheem Sterling's emergence, but the possibility of bringing in such a talented player on loan is hard to resist, especially with rivals Arsenal and Spurs hovering. They may have signed Assaidi, but if they can find a taker for Downing, this deal is even more likely to happen. Liverpool have already beaten Arsenal to the signing of Sahin, and if they could do it again with Afellay it would really send a message ahead of their clash this weekend, to a club who they will be looking to rival for a Champions League spot.
There have been real mixed messages on Daniel Sturridge over the past 24 hours, with Chelsea thought to be open to a sale, but only at a big price, while the validity of Liverpool's interest has been questioned. The striker fits the Liverpool profile, he is young, talented, and English, and Sturridge is thought to be unhappy at Chelsea. With the Blues likely to add a striker before the deadline, it would only hasten Sturridge's exit, although Chelsea are thought to want big money if they are to sell.
Clint Dempsey has been linked with a switch to Liverpool almost all summer, and the next few days will see one of the summer's most protracted transfer sagas draw to a close. The question is, will the American get his dream move? Right now it appears to be more off than on, with Fulham reporting the Reds to the FA. However as the window draws to a close, both sides could be minded to resolve the situation, get their heads together and thrash out a deal. This is likely to be dependent on whether Liverpool sell Andy Carroll or not, and the same goes for any purchase of Daniel Sturridge.
Brendan Rodgers is reported to be a big fan of Theo Walcott, with the Telegraph reporting last night that the Arsenal winger has turned down a new contract. He only has one year left on his current Arsenal deal, and could cost around £15 million. Walcott is thought to be disillusioned at Arsenal after Van Persie and Song quit the club, and is said to be a Liverpool fan. Chelsea and Manchester City are also interested, and the same issues with a deal for Afellay deal remain. If Walcott could be signed, he would likely be a priority over the Dutch winger, and it would speed up the Reds desire to cut Downing loose or move him to full-back as Rodgers suggested last night.
Liverpool were linked with making a bid for Michael Dawson several days ago, before a move to QPR was mooted. Now that looks to have fallen through, the club may be tempted to go back in for him. They now know the defender is available, and for around £7.5 million, a bargain for a 28-year-old England international. While Dawson was unwilling to leave Spurs for QPR, the temptation to move to Liverpool would not likely be one he would resist, and he would give the club options in case Daniel Agger either suffers more injury problems or ends up being sold, now or in the future. It remains a long shot but a possibility all the same.
Who do you want to see Liverpool sign before the transfer window closes?
image: © kevinzim