Liverpool lost the first leg of their Europa League semi-final 1-0 to Villarreal at El Madrigal.
The two sides meet at the Britannia Stadium on Saturday.
The Scot was put in caretaker charge of the club last month following Remi Garde's departure.
The Reds are expected to be busy in the summer transfer window.
The Spurs star's domestic season is over after he was handed a suspension for punching West Brom midfielder Claudio Yacob.
Burnley sit top of the Championship on goal difference, with only two games left to play.
The Italian insists he was happy by the effort shown by his side during their 4-0 defeat at Leicester City last weekend.
The Reds were beaten 1-0 in Spain courtesy of a last minute goal.
Allardyce was left thoroughly impressed by the way Atletico Madrid defended during their 1-0 win over Bayern Munich on Wednesday.
Wilkins believes a striker could have secured Arsene Wenger's side the Premier League title.
Liverpool have been linked with a move for RB Leipzig attacker Emil Forsberg.
Tottenham Hotspur have been long-term admirers of Crystal Palace's Wilfried Zaha.
Leeds United reportedly want to sign the out-of-favour Middlesbrough striker, currently on loan at Sunderland.
Leeds United's Samu Saiz has come in for strong criticism of late.
Rangers are reportedly interested in luring Crystal Palace midfielder McArthur to Ibrox.
Tottenham Hotspur have been linked with a move for Sporting Lisbon's Gelson Martins.
Rangers are reportedly closing in on a deal to sign Burnley midfielder Scott Arfield.
The Atletico Madrid ace is a reported transfer target for Liverpool.
Tottenham Hotspur saw their FA Cup hopes dashed at Wembley on Saturday.
Glasgow Rangers fans were impressed by Christophe Berra's display at Ibrox on Sunday.