Klopp believes selling Smith and Ibe is the perfect deal for the club
Both players were sold to AFC Bournemouth for a combined fee of £21 million earlier in the summer, with Klopp ensuring the pair had buy-back clauses written into their deals.
Klopp is subsequently keen to keep an eye of the progress of both players this season, adding he is particularly interested to see how they cope in an environment he believes will be more intense compared to a regular loan deal.
He told the Liverpool Echo: “The difference between loaning a player and selling a player isn’t so great.
“Of course you get a fee when you sell a player. But in both situations you think they are old enough and ready to play but in that moment they don’t have a fixed position in your team.
“At that age you have to play and that was the case with Brad Smith and Jordon Ibe. They had the possibility to do that (with Bournemouth) and they were deals that absolutely made sense for both sides."
“If a player is on loan it’s different. It’s like going on holiday. You can always go home. That’s difficult for these guys as they are always between clubs."
Meanwhile, the former Dortmund boss joined a host of Premier League managers in central London on Tuesday for the annual Premier League pre-season meeting.
Klopp, along with new Chelsea manager Antonio Conte, was making his first appearance at the event, which is aimed at bringing together all of the bosses in the division in order to discuss various talking points before the opening weekend.