Liverpool manager Roy Hodgson has confirmed he would like funds to further strengthen his Reds squad despite the arrival of six players so far.
The Merseysiders have been busy in the transfer market this summer with the likes of Joe Cole, Christian Poulsen, Brad Jones, Danny Wilson, Milan Jovanovic and Jonjo Shelvey all joining.
However, the ex-Fulham boss knows that with just one week left before the transfer window closes, the time left to strengthen is not the best period in which to splash the cash.
Hodgson does not believe he has fully assessed the talent and potential in the club's squad and academy and is against making a big-name signing if they already have a gem ready to be unearthed.
"I'd like some money to spend if I could research where that money could be spent wisely," said Hodgson. "Giving me a lot now and telling me to go out and buy some players with one week of the transfer window left would not be particularly advantageous.
"I've only been here for five weeks or so and I'd want to make sure I had assessed absolutely everyone, including those at the academy, just in case we have an outstanding 17-year-old.
"We might have a Javier Hernandez there so I don't want to go out and spend £50million on buying another one."
Meanwhile, Hodgson sees no reason why Monday night's opponents Manchester City cannot win the Premier League title this season.
The likes of Chelsea, Manchester United and Arsenal are expected to be the front-runners for the prestigious crown, although City have once again spent big this summer.
Just last week Roberto Mancini added to his ranks even further with the additions of Mario Balotelli and James Milner - and Hodgson thinks City's star-studded squad can finish top come May.
"I see no reason why they should not win the league," he continued. "Chelsea did it and they were nothing like title contenders when Roman Abramovich took over the club.
"Blackburn, too, did it with Jack Walker, who came to a club who were never winning anything. They bought Alan Shearer, Chris Sutton, Tim Sherwood and...suddenly they were champions.
"I'm sure Manchester City will be devastated not to finish in the top three and qualify for the Champions League because so much money has been spent.
"The pressure for the manager is to make the players gel. That is always the same at a new club. We have the same situation at Liverpool, except we haven't much money."
