Liverpool conducted one of the biggest bits of business in the January transfer window, bringing in Luis Diaz from Porto for a fee which could rise to £50m.
The winger helps to bolster Jurgen Klopp's options in attack, and comes despite the manager's insistence that they were not necessarily looking to bring in cover for Mohamed Salah and Sadio Mane.
Indeed, Liverpool also attempted to bring in another winger late on, but they failed to file the paperwork for Fulham's Fabio Carvalho in time.
In terms of outgoings, the Reds let fringe defenders Neco Williams and Nat Phillips both leave the club on loan, enabling them to get more regular first-team football under their belts.
Both players have impressed during their irregular chances in Klopp's XI, and will hope to further enhance their reputations in the Championship with Fulham and Bournemouth respectively.
Below, Sports Mole rounds up every piece of business conducted by Liverpool during the January window.
LIVERPOOL
In
Luis Diaz (£40.5m, Porto)
Out
Morgan Boyes (free, Livingston)
Tony Gallacher (free, St Johnstone)
Nat Phillips (loan, Bournemouth)
Neco Williams (loan, Fulham)
Liverpool total spent to date: £40.5m
Liverpool total received to date: £0m
Liverpool net transfer balance: -£40.5m
