The former Liverpool striker believes they can get even better with 3-4 top-class signings.
John Aldridge says this is the best Liverpool team he's seen since he played for the Anfield club but, has warned that they need to spend £70 million this summer to take them to the next level.
But, while he has heaped praise on Brendan Rodgers' current side, former forward Aldridge has warned that the club will need to spend big this summer to compete in the Champions League next season.
"With the club back in the Champions League, he needs proper backing from the owners in the transfer market this summer," the 55-year-old wrote in the Daily Post.
"We need three or four £20m players this summer to take it to the next level. There will be money available from being back in the Champions League and selling our dead wood should generate £20m.
"In total we need to be spending around the £70m mark."
While it may be harsh to allude to some of the current squad as dead wood, there are a number of players Liverpool could dispense with in the summer to raise a substantial figure.
The first names that would come to mind might exist in the Reds' final third, with Fabio Borini, for instance, potentially moving to Sunderland permanently this summer. It could make sense to bring the Italian back to Anfield - but if Liverpool instead chose to move for a new striker, they could easily make a few million out of the 22-year-old.
The same goes for Iago Aspas, who simply has not made any sort of impact in his first season at Liverpool. Elsewhere, Rodgers could sell one of the Reds' five central defenders, while Pepe Reina could generate £4m should he be sold.
Once all the above business is concluded, Liverpool could indeed have recouped £20m or thereabouts. Who they will bring in is another story, one we'll probably spend the whole summer waiting to see unfold.