Liverpool are expected to be busy during this month's transfer window.
Sunderland lost 1-0 to Tottenham Hotspurs on Sunday and currently sit in the Premier League relegation zone following a winless start.
The Sunderland manager has warned the club's fans to expect a relegation battle.
The Spaniard is currently preparing to get Newcastle United back into the Premier League.
Liverpool take on Villarreal in the Europa League semi final on Thursday.
Former Newcastle United star Peter Lovenkrands backs Sunderland to remain in the Premier League next season.
Reds skipper Gerrard will be determined to help his side to get to a final Wembley final, in what could be a high-profile birthday sendoff.
Former Liverpool and Sunderland defender Phil Babb sees similarities between Rangers and Leeds United.
Former Liverpool and Sunderland defender Phil Babb suggests that Arsenal should sell Jack Wilshere in the summer transfer window.
Jamie Redknapp and Phil Babb are impressed with Erik Lamela’s sensational goal for Tottenham Hotspur in the Europa League on Thursday.