The Reds have been busy in the summer transfer window as they eye a top four place.
Georginio Wijnaldum celebrates after scoring the first goal for Newcastle
The Reds have been busy this summer, with Jurgen Klopp bringing no fewer than seven new players to Anfield.
He is looking to build on an impressive first season at the club in which he led them to both the Europa League and Capital One cup finals.
Liverpool manager Juergen Klopp
Their aim next season is to try and secure a Champions League place at a minimum, but Wijnaldum has insisted that they can go one better and challenge for the title.
“Of course we can be serious challengers,” he told the Liverpool Echo.
“If you play for a club as big as Liverpool you always have to be trying to win trophies. If Leicester can do it then why can’t we?”
Chelsea's manager Antonio Conte with Liverpool's manager Juergen Klopp
It will certainly be interesting to see how Liverpool can fare given the work they’ve done in the transfer window this summer.
There is no denying that their squad is a talented one, but they face stern competition to just get into the top four, never mind challenge for the title.
This season is looking likely to be one of the most competitive for a number of years with the likes of Guardiola, Conte and Mourinho looking to make their mark and Liverpool face a fight to compete.
Liverpool manager Juergen Klopp after the match