Rafael Benitez has admitted the money flooding into the Premier League is making it more difficult ever year for Liverpool to rekindle the glory days of the 1980s.
Benitez came as close as anyone to returning the club to the game's pinnacle, wining four trophies including the Champions League during his six-year tenure, but he believes present incumbent Jurgen Klopp is being hampered by the spending of his competitors.
The Reds have invested heavily in the likes of Georginio Wijnaldum, Mohamed Salah and Alex Oxlade-Chamberlain in the last year or so, but their expenditure has been dwarfed by that of Manchester City, Manchester United and Chelsea.
Benitez said: "When I arrived at Liverpool, the budget was £20million gross. When I left, it was £17 million, but still people said I must win the title, I must compete.
"[Manchester] United had around £50m more every year, but people said I had to compete against them every year. After, there was Chelsea.
"At that time, it was Chelsea, Arsenal and Manchester United. Now you have Manchester City and Tottenham, as well as PSG and the others. But it's always been similar.
"There are massive clubs with massive amounts of money and Liverpool were always a little bit behind.